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

    Dividend Stocks

    Why Baytex (TSX:BTE) Stock Fell 16% in August

    Despite posting strong second-quarter results at the start of the month, shares in Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) finished August 16%…

    Read more »

    Dividend Stocks

    3 Dirt-Cheap Dividend Stocks Paying up to 8.6%

    If you like cheap stocks, look no further than Morguard REIT (TSX:MRT.UN), Cenovus Energy Inc (TSX:CVE)(NYSE:CVE), and TransAlta Corporation (TSX:TA)(NYSE:TAC).

    Read more »

    Energy Stocks

    Is it Time to Plunge Back Into the Oil Sands?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is vulnerable to weaker heavy oil prices once mandatory production cuts end.

    Read more »

    Dividend Stocks

    TFSA Investors: 5 Ultra-Cheap Stocks to Buy Right Now

    5 dirt cheap stocks that TFSA investors need to be considering for their accounts including Maxar Technologies (TSX:MAXR)(NYSE:MAXR) up more…

    Read more »

    Energy Stocks

    Are These 3 Energy Stocks a Bargain?

    Stocks like Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Vermilion Energy Inc. (TSX:VET)(NYSE:VET) have been throttled this summer.

    Read more »

    Dividend Stocks

    2 Top Energy Stocks to Power Your Portfolio

    Integrated energy companies are much more stable investments than a traditional exploration company. Two top integrated stocks are Cenovus Energy…

    Read more »

    Dividend Stocks

    3 Ridiculously Cheap Stocks to Buy Right Now

    Corus Entertainment Inc. (TSX:CJR.B) and these two other stocks are trading below their book values and could be great deals for…

    Read more »

    Energy Stocks

    Better Buy for Energy Exposure? Cenovus Energy (TSX:CVE) or Crescent Point (TSX:CPG)

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) both provide investors with strong upside when the energy cycle…

    Read more »

    Dividend Stocks

    3 Energy Stocks to Keep You Safe if the Market Continues Selling Off

    These energy companies should outperform their peers if markets continue to sell off, including Suncor Energy Inc. (TSX:SU)(NYSE:SU) and another…

    Read more »

    Dividend Stocks

    Investors: This Hidden Factor Just Gave Oil Sands Stocks a Big Boost

    Suncor Energy Inc. (TSX:SU)(NYSE:SU), Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Husky Energy Inc. (TSX:HSE) just got a combined $2 billion richer.

    Read more »

    Energy Stocks

    3 Reasons Why This $15 Billion Energy Stock Is up More Than 35% in 2019

    Learn how Alberta's mandatory energy curtailments helped Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) during the first quarter, and what it means for…

    Read more »

    Dividend Stocks

    Is Cenovus Energy (TSX:CVE) Stock a Buy Right Now?

    Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has turned the corner and the market might not be fully appreciating the upside potential.

    Read more »