Cenovus announces agreement to acquire MEG Energy

Go back to Cenovus announces agreement to acquire MEG Energy

Jefferies on Cenovus Energy (CVE) Buying Meg Energy: 'Industrywide, we expect more M&A to follow'

August 25, 2025 8:22 AM EDT

Jefferies on Cenovus Energy (NYSE: CVE) Buying Meg Energy: 'Industrywide, we expect more M&A to follow'.

The analyst comments "M&A, M&A: Mergers and acquisitions (M&A) are crucial in the energy sector, where scale is key. Consolidating core basins... More