Cenovus, Encana Cut to Junk by Moody's as Oil Rout Weighs

  • Husky's investment-grade status maintained by ratings company
  • Bond prices for Encana and Cenovus fall on downgrades

Cenovus Energy Inc. and Encana Corp. had their debt ratings lowered to junk by Moody’s Investors Service as a prolonged crude-price rout saps cash flows.

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