TSX: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 (TSX: CVE) Latest News

    Energy Stocks

    Mind-Bending Stat Reveals How Bad This 2020 Market Crash Really Is

    The warnings of a major global recession are swirling around the world. In Canada, the energy industry is facing its…

    Read more »

    Energy Stocks

    Watch Out, Energy Investors: The Oil Apocalypse Has Arrived

    The oil price collapse makes it essential to avoid heavily indebted oil sands operators like Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

    Read more »

    Dividend Stocks

    2 Attractive Dividend Yielding Companies That Might Turn Out to Be Quicksand

    Here's why you need to avoid energy stocks, such as Husky Energy, that may be a value trap rather than…

    Read more »

    Energy Stocks

    TSX Stocks: 2 Canadian Titans That Fell 80% in COVID-19 Crash

    Are these top TSX stocks attractive after a massive 80% crash? Only if you are brave enough to handle the…

    Read more »

    Energy Stocks

    Market Crash 2020: 2 Stocks Near Their 52-Week Lows

    This market crash has sent Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) to a new all-time low, but that may not be enough to…

    Read more »

    Energy Stocks

    Canada’s Oil Crisis Worsens

    The latest oil price collapse makes now the time to avoid Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

    Read more »

    Energy Stocks

    These 2 Stocks Have Lost 3/4 of Their Value in a Month: Time To Buy?

    Is now the time to buy these heavily discounted energy stocks- Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Vermilion Energy (TSX:VET)(NYSE:VET)?

    Read more »

    Dividend Stocks

    3 Dirt-Cheap Penny Stocks Trading Under $5

    Now is the time to add seriously cheap penny stocks like Extendicare (TSX:EXE) and Cenovus Energy (TSX:CVE)(NYSE:CVE) to your portfolio.

    Read more »

    Coronavirus

    Market Crash Report: 3 Stocks Hitting 52-Week Lows to Pounce On

    Hunting for a bargain? This group of beaten-down stocks, including Canadian Natural Resources (TSX:CNQ)(NYSE:CNQ), might provide the value you're looking…

    Read more »

    Dividend Stocks

    TFSA Investors: 2 Dividend Stocks That Could Cut Their Payouts After the Market Crash

    Vermilion Energy (TSX:VET)(NYSE:VET) recently announced a cut to its dividend, but there could be more to come.

    Read more »

    Energy Stocks

    Successfully Invest in Oil With These Two Strategies

    Learn how to successfully invest in oil in a bear market. Cenovus Energy (TSX:CVE) is used as a case study.

    Read more »

    Investing

    3 Stocks to Avoid During This Market Crash

    Dollarama (TSX:DOL) and these two other stocks face a lot challenges in 2020 as the coronavirus is likely to interrupt global…

    Read more »