Bronstein, Gewirtz & Grossman, LLC Notifies Cenovus Energy Inc. (CVE) Investors of Investigation

NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cenovus Energy Inc. (“Cenovus” or the “Company”) (NYSE: CVE). Investors who purchased Cenovus shares are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/cve.

The investigation concerns whether Cenovus and certain of its officers and/or directors have violated federal securities laws.

On February 8, 2022, Cenovus posted a quarterly loss, primarily due to a non-cash impairment of C$1.9 billion ($1.50 billion) in the U.S. manufacturing segment, related to operational issues at two refineries. On this news, Cenovus’s stock price fell $1.05 per share, or 6.8%, to close at $14.40 per share on February 8, 2022.

If you are aware of any facts relating to this investigation or purchased Cenovus shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/cve. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.