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

    The Motley Fool
    Energy Stocks

    Does Kevin O’Leary Think You Should Buy Oil Stocks?

    Kevin O'Leary was recently asked about oil stocks like EnCana Corporation (TSX:ECA)(NYSE:ECA) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE). What did he…

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    The Motley Fool
    Dividend Stocks

    Should You Own Husky Energy Inc. or Cenovus Energy Inc. When Oil Recovers?

    Every investor wants to position themselves to take advantage of the oil recovery, but which is the better choice: Husky…

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    The Motley Fool
    Dividend Stocks

    Cenovus Energy Inc. Stands Behind its 4.75% Dividend

    Cenovus Energy Inc’s (TSX:CVE)(NYSE:CVE) management team makes it clear that its dividend isn’t going anywhere.

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    The Motley Fool
    Dividend Stocks

    2 Unloved Dividend Stocks You Should Consider

    Here's why dividend investors should consider Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) right now.

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    The Motley Fool
    Energy Stocks

    The Awful Oil Market Causes Another Oil Sands Project to Get Shelved

    Royal Dutch Shell Plc (NYSE:RDS-A)(NYSE:RDS-B) joins Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) in putting an oil sands…

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    The Motley Fool
    Dividend Stocks

    The 10 Highest Dividend Yields in the S&P/TSX 60

    ARC Resources Ltd (TSX:ARX), TransAlta Corporation (TSX:TA)(NYSE:TAC), and Crescent Point Energy Corp (TSX:CPG)(NYSE:CPG) topped the list.

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    Energy Stocks

    Should You Buy Cenovus Energy Inc.’s Stock Following its Steep Post-Earnings Drop?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) released earnings on February 12, and its stock has plummeted in the trading sessions since. Should…

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    Energy Stocks

    Cenovus Energy Inc. Is Diluting its Shares; What Does This Mean for Shareholders?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is looking at equity markets to raise $1.5 billion. Here’s a look at how this move…

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    Energy Stocks

    3 Things Cenovus Energy Inc. Wants Investors to Know

    Here are the three most important things Cenous Energy Inc’s (TSX:CVE)(NYSE:CVE) management team said on its fourth-quarter conference call.

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    Dividend Stocks

    Is the Dividend Still Safe at Cenovus Energy Inc.?

    Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) is taking extreme measures to preserve cash. Will the dividend suffer, too?

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    Energy Stocks

    Cenovus Energy Inc. Is Downgraded: Is This a Signal to Sell?

    Despite weaker oil prices and further cuts to its 2015 guidance, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) still offers value for investors…

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    The Motley Fool
    Energy Stocks

    7 Terrifying Numbers From Canada’s Oil Patch

    Energy producers like Suncor Energy Inc (TSX:SU)(NYSE:SU) and Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) are slashing their spending. What will be the…

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