In a bid to slash its debt and improve share repurchases, U.S. multinational energy firm ConocoPhillips (NYSE:COP) agreed to divest a large chunk of its Canadian assets to Cenovus Energy Inc. (NYSE:CVE) in a cash and stock deal valued at $13.3 billion. The transaction, which was dubbed by both companies as transformational, covers ConocoPhillips’ 50% […]