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

    Why Cenovus Energy Inc. May Be the Best Way to Bet on an Oil Recovery

    The news keeps getting worse for Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE). But beneath the surface, this may be a company worth…

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    The Motley Fool
    Energy Stocks

    Don’t Be Afraid of Oil Producers Cutting Budgets

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) cut its spending budget again. Here’s why budget cuts are actually a good move for energy…

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    The Motley Fool
    Energy Stocks

    Crude Oil Slide Forces Cenovus Energy Inc. to Take Another Slice Out of Growth

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) cuts its 2015 capital plan again as the oil price slump continues.

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    The Motley Fool
    Energy Stocks

    Should You Buy Cenovus Energy Inc After its Latest Update?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has just updated its 2015 budget. Should you buy the company's stock now?

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    The Motley Fool
    Energy Stocks

    How to Profit From a Potential Rebound in Oil Prices

    The CFO of Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) thinks that oil prices have the potential to rebound to $65 per…

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    The Motley Fool
    Energy Stocks

    Should You Buy Canadian Natural Resources Ltd. or Cenovus Energy Inc.?

    Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) and Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) are both good companies. Is one a better…

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    The Motley Fool
    Energy Stocks

    Oil Prices Could Soon Become a Major Long-Term Problem for Canada

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) and Suncor Energy Inc (TSX:SU)(NYSE:SU) could be hurt in the long-term if oil prices remain low.

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    The Motley Fool
    Energy Stocks

    Why Oil Prices Won’t Be Rebounding Anytime Soon, Part 2

    Companies like Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) offer a perfect example of why low oil prices are here to stay.

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    The Motley Fool
    Energy Stocks

    Stop Trying to Predict the Price of Oil

    Why investors should ignore the noise and start looking at buying undervalued oil producers like Husky Energy Inc. (TSX:HSE) and…

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    The Motley Fool
    Investing

    3 “Hail Mary” Stocks I’d Buy With an Extra $5,000

    Here's why Cameco Corporation (TSX:CCO) (NYSE:CCJ), Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE), and Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) could be big winners.

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    The Motley Fool
    Energy Stocks

    Are Canadian Oil Producers Doomed?

    Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are likely survivors, but predictions vary widely on how long low…

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    The Motley Fool
    Energy Stocks

    Oil Price Plunge Could Cause $60 Billion in Investments to Be Delayed

    Oil sands projects from Cenovus Energy Inc (TSX:CVE)(NYSE:CVE), ConocoPhillips (NYSE:COP), and Husky Energy Inc. (TSX:HSE) could be delayed due to…

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