bjdlzx Cenovus Energy Inc. (NYSE:CVE) just announced that they reduced debt by more than C$900 million. At the current pace of debt retirements, management should achieve net debt of C$4 billion early in the second quarter. Even if they reduce net debt in the future by half that pace, the amount of free cash flow available to shareholders will go from 50% to 100% within the next fiscal year. At least some of that will go to more dividends in the future. That "some more" could amount to a rather generous yie ...