Cenovus Announces Enhanced Long-term Sponsorship of the Calgary Stampede

Source Press Release
Company Cenovus Energy Inc. 
Tags Oil Sands, Strategy - Corporate
Date June 06, 2022

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced a new and substantial long-term sponsorship agreement with the Calgary Stampede. The four-year, Champion level sponsorship builds on more than a decade of involvement with the Stampede. The enhanced relationship, which runs through 2025, includes premier sponsorship of the Saddle Bronc competition and a new fan experience with company volunteers handing out treats and other giveaways to lucky fans seated in the designated Cenovus Energy Zone during the rodeo. In addition, the agreement provides opportunities for Cenovus staff to volunteer at the Stampede, which runs from July 8 to July 17.

“At Cenovus, one of our core values is ‘Do It Together,’ which really aligns well with the Stampede theme of ‘We’re Greatest Together’,” said Alex Pourbaix, Cenovus President & Chief Executive Officer. “After the challenges of the last two years, I can’t think of a better way to support this vibrant city than to bring our community together to celebrate Calgary’s spirit at The Greatest Outdoor Show on Earth.”

Cenovus has provided significant support to the Calgary Stampede and Calgary Stampede Foundation since the company’s inception in 2009, including funding to support construction of the Cenovus Legacy Trail, operation of the Stampede School, as well as past sponsorship of the Stampede’s Family Day and year-round safety programs.

“We appreciate the investment that Cenovus has made in the Calgary Stampede,” said Joel Cowley, Calgary Stampede Chief Executive Officer. “We are grateful that our partner continues to recognize the importance of the Stampede’s positive impact to the community and our programs. We are thrilled to have their support as we welcome our community back in 2022 to The Greatest Outdoor Show on Earth.”

Cenovus is focusing its social investments on four focus areas: Indigenous reconciliation, Protected planet, Future-ready youth and Resilient communities. Through these focus areas, the company is committed to making significant investments to support initiatives that will address a broad spectrum of challenges through collaboration with a variety of partners and organizations, such as the Calgary Stampede, to develop solutions for society, the environment and the economy. Cenovus employees also play a role in contributing to the community through Cenovus Cares, the company’s giving and volunteering program.

Source: EvaluateEnergy® ©2022 EvaluateEnergy Ltd