Cenovus Energy Inc. (NYSE:CVE) sells 50% interest in WRB Refining LP to Phillips 66 for $1.4 billion. Deal includes Wood River Refinery in Illinois and Borger Refinery in Texas, processing 495,000 barrels per day. Analysts maintain Buy ratings on CVE with price targets of C$30 and C$29. CVE is a Canadian oil and gas company.

Read more at Yahoo Finance: Cenovus Energy (CVE) to Sell 50% Interest in WRB Refining LP