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

    Attention, Energy Investors: Why $80 Oil Is Here to Stay

    Don't get too excited about loading up on Canadian Oil Sands Ltd. (TSX:COS) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) quite yet.

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    The Motley Fool
    Energy Stocks

    3 Reasons to Buy Cenovus Energy Inc. Right Now

    If you don't buy Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) now, you might regret it later.

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    The Motley Fool
    Energy Stocks

    Oil Price Slide: Profit With Cenovus Energy Inc. and Pembina Pipeline Corporation

    Cenovus Energy (TSX:CVE)(NYSE:CVE) and Pembina Pipeline Corporation(TSX:PPL)(NYSE:PBA) have the capability to profit in a weak oil price market.

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    The Motley Fool
    Energy Stocks

    Will We Ever See a New Oil Sands Pipeline Built?

    Enbridge Inc. (TSX:ENB)(NYSE:ENB), Kinder Morgan Inc. (NYSE:KMI), and TransCanada Corporation (TSX:TRP)(NYSE:TRP) are all facing opposition as they attempt to build…

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    The Motley Fool
    Energy Stocks

    What to Watch When Cenovus Energy Inc. Reports This Week

    What will Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) deliver this quarter?

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    The Motley Fool
    Energy Stocks

    Why You Should Snap Up Suncor Energy Inc. and Cenovus Energy Inc. Before It’s Too Late

    Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) shares have lagged, but that has made them bargains. That may…

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    The Motley Fool
    Dividend Stocks

    Why Cenovus Energy Inc. Still Has a Better Dividend Than Crescent Point Energy Corp.

    Crescent Point Energy Corp. (TSX:CPG)(NYSE:CGP) now has a dividend yielding nearly 8%. But you should go with Cenovus Energy Inc.…

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    The Motley Fool
    Energy Stocks

    Embrace the Sell-off; Why it’s Time to Buy Canada’s Energy Giants

    There are great deals in Canada's energy sector. Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Canadian Oil Sands Ltd. (TSX:COS) are two…

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    The Motley Fool
    Investing

    Don’t Panic! Why Markets Are Tanking and What You Can Do About it

    It's the perfect time to buy your favorite stocks on sale. I'd start with Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Telus…

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    The Motley Fool
    Investing

    3 Moves Investors Should Make When the Market Plunges

    Don't sweat the correction. Just buy Metro Inc. (TSX:MRU), RioCan Real Estate Investment Trust (TSX:REI.UN), and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

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    Dividend Stocks

    2 Dividend Stocks That Will Pay Off: The Bank of Nova Scotia and Cenovus Energy Inc.

    October has seen equity markets correct, but should investors be worried? Here's why The Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and…

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    The Motley Fool
    Energy Stocks

    Why Wall Street Loves Suncor Energy Inc.

    Suncor Energy Inc. earns a buy rating from Wall Street, joining Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), Husky Energy Inc. (TSX:HSE), and…

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