New Grad, Downstream Business, June 2026 (Calgary)

Cenovus Energy; Calgary; On-site; CAD 70,000 - 85,000; Full time

Job summary

A leading energy company in Calgary is seeking new graduates for its New Grad program starting in June 2026. Successful candidates will rotate through various functions including Market Analytics and Market Risk, gaining valuable experience in the energy sector. Applicants should have a relevant undergraduate degree obtained by May 2026 and possess innovative problem-solving skills. The program guarantees professional development and networking opportunities.

Benefits

Paid vacation

Health & dental benefits

Learning and development programs

Qualifications

• Legally authorized to work in Canada.
• Available to begin work in June 2026.
• Degree obtained by May 31, 2026.

Responsibilities

• Work in Market Analytics, Market Risk, or Operations Logistics.
• Understand fundamentals of oil and gas markets.
• Support trading and commercial operations activity.

Skills

Spreadsheet skills

Knowledge of R/Python

Innovative thinking

Education

Undergraduate degree in business, engineering, or mathematics

Job description

New Grad, Downstream Business, June 2026 (Calgary) page is loaded

New Grad, Downstream Business, June 2026 (Calgary)

Apply locations CA-AB-Calgary posted on Posted Today time left to apply End Date: August 13, 2025 (14 days left to apply) job requisition id R-409405 Worker Type: EmployeeJob Post End Date: 08/13/2025

Start Date: June 2026

Location: Calgary, AB

About this opportunity

Cenovus’s New Grad Program aims to attract, develop and retain exceptional new grads to build a top talent pipeline for the company. The program provides new grads with a broad understanding of Cenovus’s core business through challenging work assignments, training and development, field exposure and the opportunity to develop a large network of contacts through networking and mentorship opportunities.

Our Program consists of three consecutive 12-month rotational assignments that span Cenovus’s varied business areas. Upon completion of the three-year program, you will be matched to a permanent role within the organization. This role will be based on business need and relocation may be required.

Cenovus is looking for highly motivated new Business, Economics, Mathematics, Statistics, or Engineering Graduates to join our team. We have a number of opportunities within our Downstream and U.S. Operations functions, which could include Market Analytics, Market Risk, and Commercial Operations.

Note: The application deadline for this position is August 12, 2025.

What you’ll do

Our operations are divided into three principal subject areas. Your assignment to an area will be determined by business need, your past experience and your preference discussed during your interview.

Market Analytics

Individuals here focus on understanding the fundamentals behind oil and gas markets, covering production, demand, refining, storage, transportation, and pricing. The team uses data science techniques and predictive modelling to enhance the interpretation of their analysis.

Market Risk

Individuals here focus on daily identification, assessment, evaluation, management and reporting of market risks. The team collaborates closely with middle office teams to accurately reflect the financial and physical exposures and the attribution of economic profit and loss from the market optimization portfolio.

Operations Logistics

Individuals here support all aspects of trading and commercial operations activity. This includes the range of trade reporting, contracts, product quality, scheduling and customs.

Who you are

Our ideal candidate will have the following minimum qualifications:

• Legally authorized to work in Canada

• Available to begin work June 2026

• Must have an undergraduate in a business, engineering, or mathematics related program degree obtained by May 31, 2026 and completed within the last 2 years (2024, 2025 or 2026)

• Innovative, with a strong desire to learn and the ability to encourage new ways of looking at problems, processes, or solutions

• Good spread sheet skills with the ability to develop and deploy VBA Macros

• Knowledge of programming and date science skills such as R/Python is highly desired

We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email [e-mail].

To be considered for a position, please complete all Work Experience fields in the job application in addition to attaching your résumé/CV.

New Grad Program Benefits:

• Access to New Grad Program Committees including Learning & Development, Networking & Engagement, Buddy Program, Brown Bag, and the Social Committee.

• Various support from direct leaders, program leads, ambassadors and more.

• 3 rotations yearly that build a breadth of development and business acumen in future leaders and technical experts.

• Learning paths comprising of technical and business/professional courses.

Relocation:

If you will need to relocate for your first rotation/home location, support will be provided as per Cenovus’ internal policies.

Additional information

• Please note that only those selected for an interview will be contacted.

• Learn more about our New Grad Program!

Cenovus was ranked one of Canada’s Best Employers in 2025. We’re committed to being an employer of choice in our industry by offering a competitive total rewards package and employee programs and rewarding career development opportunities. Learn more.

If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email [e-mail] .

Who we are:

Ranked as one of Canada’s Best Employers in 2025, Cenovus is an integrated energy company headquartered in Calgary. We’re committed to maximizing value by developing our assets in a safe, responsible and cost-efficient manner. We operate in Canada, the United States and the Asia Pacific region. Our operations include oil sands projects in northern Alberta, thermal and conventional crude oil and natural gas projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and liquids production offshore China and Indonesia. Cenovus’s downstream operations include upgrading, refining and marketing operations in Canada and the United States.

Find Cenovus on LinkedIn , Facebook and Instagram .

The Cenovus experience

Total rewards

We’re committed to being an employer of choice through competitive compensation and our comprehensive total rewards package, including:

• Paid vacation (including a flex day program for eligible staff)

• Health & dental benefits

• Substantial mental health coverage

• Life insurance

• Disability benefits

• Employee family assistance

• Virtual healthcare coverage

Our development philosophy

We foster a culture of continuous learning and development to support employees as they build meaningful careers. We offer a variety of employee development initiatives, including:

• Internal course offerings

• Education assistance for additional development

• Opportunities to work on special projects

• Leadership development programs for emerging and established leaders

We actively promote internal job movement, recognizing the value of gaining new perspectives, building connections across teams, and applying expertise in new ways. As a fully integrated energy company, we believe that sharing knowledge across our business and operations creates stronger outcomes—for employees and for the company as a whole.

Our culture

• Our purpose: We energize the world to make people’s lives better.

• Our values:

  • Protect what matters

  • Do it right

  • Make it better

  • Do it together

• Cenovus Cares: We believe in the power of purpose-driven work. Our Employee Giving and Volunteering Program, Cenovus Cares, connects our people to our purpose, inspiring action and elevating impact year-round.

  • Support causes you care about with volunteer opportunities in and outside of work.

  • Earn donation grants while volunteering (up to $1,000 per event).

  • Receive donation matching up to $25,000 annually.

• Staff resource groups: We have various staff resource groups to help ensure our people feel a sense of belonging and can grow and do their best work. These voluntary groups are employee-led and all groups are open to all staff in all locations.

Equal opportunity employer

We believe a workplace where everyone has merit-based opportunities to grow, achieve career aspirations and feel a sense of belonging benefits our people, our company and the regions where we live and work. We embrace and encourage different perspectives and approaches, which help us make better business decisions. We believe that through this approach, we can solve challenges, seize opportunities and unlock innovative solutions.

To achieve an unbiased and respectful workplace, individuals are evaluated based on qualifications, merit and abilities, and we encourage applications from all qualified candidates. We also acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

For more information about working at Cenovus, visit cenovus.com .

The requirements of this posting may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.

Interested in this opportunity? Click the Apply link.

If you are a CURRENT EMPLOYEE ,please apply by going to our Internal Career Site .

We operate in Canada, the United States and the Asia Pacific region. Our operations include oil sands projects in northern Alberta, thermal and conventional crude oil and natural gas projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and liquids production offshore China and Indonesia. Cenovus's downstream operations include upgrading, refining and marketing operations in Canada and the United States.

Our shares trade under the symbol CVE and are listed on the Toronto and New York stock exchanges.