NYSE:CVE (Cenovus Energy)

About CVE

Cenovus Energy, Inc. is a Canadian-based integrated energy company, which engages in the provision of gas and oil. It operates through the following segments: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Corporate and Eliminations. The Oil Sands segment is involved in the development and production of bitumen and heavy oil in northern Alberta and Saskatchewan. The Conventional segment includes assets rich in NGLs and natural gas within the Elmworth-Wapiti, Kaybob-Edson, Clearwater and Rainbow Lake operating areas in Alberta and British Columbia and interests in numerous natural gas processing facilities. The Offshore segment operates, explore, and develop activities in China and the East Coast of Canada, as well as the equity-accounted investment in the Husky-CNOOC Madura Ltd. (HCML) joint venture in Indonesia. The Canadian Manufacturing segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products. The U.S. Manufacturing segment consists of refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products at the wholly-owned lima Refinery and Superior Refiner, the jointly-owned Wood River and Borger refineries and the jointly-owned Toledo Refinery. The Corporate and Eliminations segment refers to the Cenovus-wide costs for general and administrative, financing activities, gains, and losses on risk management for corporate related derivative instruments and foreign exchange. The company was founded in 1881 and is headquartered in Calgary, Canada.
  • Cenovus Energy (NYSE: CVE) Latest News

    Energy Stocks

    3 Stocks to Buy and Forget About for the Summer

    Rest easy and relax this summer while you earn passive money from these three dividend stocks including TELUS Corporation (TSX:T)(NYSE:TU).

    Read more »

    Dividend Stocks

    1 Oil Company to Avoid for Now

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has been reducing its debt levels significantly, but it's a risky investment only suitable for contrarian…

    Read more »

    Energy Stocks

    Will Oil Prices Collapse Once Again?

    If oil falls once again, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) will be among the worst affected.

    Read more »

    Dividend Stocks

    2 Grossly Undervalued Stocks for Your TFSA Today

    Badger Daylighting Ltd. (TSX:BAD) and Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) remain undervalued, making both stocks great additions to your TFSA…

    Read more »

    Energy Stocks

    1 Oil and Gas Stock That Could Soar This Year

    If oil prices continue to rise, Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) could have a big year in 2019.

    Read more »

    Energy Stocks

    Exxon Mobil Corporation (NYSE:XOM) Just Showed Why Canadian Oil Sands Stocks Are Dead

    Read this article now if you own Canadian Natural Resources Ltd (TSX:CNQ)(NYSE:CNQ) or Cenovus Energy Inc (TSX:CVE)(NYSE:CVE).

    Read more »

    Investing

    3 Extremely Cheap Stocks Trading Below Book Value

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) and these two other stocks are trading well below their book values.

    Read more »

    Energy Stocks

    Cenovus Energy Inc (TSX:CVE) Has a Hidden $1.6 Billion Bomb on its Balance Sheet

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) has put itself into a tough position. This year could unveil its financial weaknesses.

    Read more »

    Energy Stocks

    The Market Is in Reset Mode! Scoop Up a Bargain With These 2 Energy Stocks

    While the market is finally rebounding, energy stocks like Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are steals.

    Read more »

    Energy Stocks

    Is Alberta Inviting Criticism From Trump?

    Alberta's production cuts are squeezing the margins of U.S. refiners like Valero Energy Corp. (NYSE:VLO) and Phillips 66 (NYSE:PSX).

    Read more »

    Investing

    3 Stocks That Have Soared 25% in 2019

    Canada Goose Holdings Inc (TSX:GOOS)(NYSE:GOOS) and these two other stocks have been off to great starts to the year, but will…

    Read more »

    Energy Stocks

    Cenovus Energy Inc. (TSX:CVE) Remains a Risky and Unattractive Investment

    Despite higher bitumen prices the outlook for Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is not as positive as it appears.

    Read more »