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Cenovus Energy Inc. agreed to acquire Athabasca Oil Corporation

Cenovus Energy Inc. agreed to acquire Athabasca Oil Corporation

AcquisitionUSD5,700,000,000Oil, Gas, and MiningCA

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Acquired

Athabasca Oil Corporation

CanadaOil, Gas, and Mining

Deal value

USD5,700,000,000

October 5, 2026

Cenovus Energy logo
Acquirer

Cenovus Energy

Oil and Gas

Cenovus Energy Inc. agreed to acquire Athabasca Oil Corporation, according to source material published on October 5, 2026. The reported purchase consideration is $5,700,000,000. This summary is limited to the approved transaction facts in the cited source evidence.

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Cenovus Energy Inc. agreed to acquire Athabasca Oil Corporation | M&A News | Signalbase