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FinanceCenovus Energy reports Q2 2026 earnings
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This is the transcript of Cenovus Energy Inc.'s second quarter 2026 earnings conference call held on July 29, 2026. The call was led by CEO Jonathan McKenzie and CFO Kam Sandhar, along with other executives. The presentation covers the company's financial and operational results for Q2 2026. The call includes forward-looking statements and non-GAAP measures. Participants from major investment banks such as RBC Capital Markets, CIBC, TD Cowen, Goldman Sachs, ATB Cormark, and UBS asked questions. The transcript includes company advisories regarding risk factors and assumptions. The call was moderated by an operator and opened with remarks from Vice President Patrick Read. The full discussion of results and Q&A session is included in the transcript.
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Cenovus Energy Inc. (CVE:CA) Q2 2026 Earnings Call
Date: July 29, 2026 Time: 11:00 AM EDT
Company Participants
- Patrick Read – Vice President, Investor Relations and Internal Audit
- Jonathan McKenzie – President, CEO & Non-Independent Director
- Kam Sandhar – Executive VP & CFO
- P. Dahlin – Executive VP & COO
- Jeffery Lawson – Executive VP of Corporate Development & Chief Sustainability Officer
- Eric Zimpfer – Head of Downstream
Conference Call Participants
- Greg Pardy – RBC Capital Markets, Research Division
- Dennis Fong – CIBC Capital Markets, Research Division
- Menno Hulshof – TD Cowen, Research Division
- Neil Mehta – Goldman Sachs Group, Inc., Research Division
- Patrick O'Rourke – ATB Cormark Capital Markets Inc., Research Division
- Manav Gupta – UBS Investment Bank, Research Division
Presentation
Operator
Good morning, everyone. Thank you for standing by, and welcome to Cenovus Energy's Second Quarter 2026 Results Conference Call. [Operator Instructions].
As a reminder, this call is being recorded. I would now like to turn the meeting over to Mr. Patrick Read, Vice President, Investor Relations and Internal Audit. Please go ahead, Mr. Read.
Patrick Read
Thank you, operator.
Good morning, everyone, and welcome to Cenovus' 2026 Second Quarter Results Conference Call. On the call this morning, our CEO, Jon McKenzie, and CFO, Kam Sandhar, will take you through our results. Then we'll open the line for Jon, Kam and other members of the Cenovus management team to take your questions.
Before getting started, I'll refer you to our advisories located at the end of today's news release. These describe the forward-looking information, non-GAAP measures and oil and gas terms referred to today. They also outline the risk factors and assumptions relevant to this discussion. Additional information is available in Cenovus' annual MD&A and our most recent AIF and Form 40-F.
As a reminder, all figures we reference on the call today will be in Canadian dollars, unless otherwise indicated. For the question-and-answer portion of the call, please keep to one question with a maximum of one follow-up. You're welcome to rejoin the queue for any other.
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Cenovus Energy Inc. Q2 2026 Earnings Call Transcript