DBRS downgrades Cenovus after ConocoPhillips deal

CALGARY, Alberta (Reuters) - Ratings agency DBRS on Friday downgraded Cenovus Energy Inc, saying the Canadian oil company's acquisition of ConocoPhillips assets in March negatively affects its credit and more than outweighs the benefits of the deal.

DBRS downgrades Cenovus after ConocoPhillips deal
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