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

    Exxon Mobil Corporation (NYSE:XOM) Just Showed Why Canadian Oil Sands Stocks Are Dead

    Read this article now if you own Canadian Natural Resources Ltd (TSX:CNQ)(NYSE:CNQ) or Cenovus Energy Inc (TSX:CVE)(NYSE:CVE).

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    Investing

    3 Extremely Cheap Stocks Trading Below Book Value

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) and these two other stocks are trading well below their book values.

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    Energy Stocks

    Cenovus Energy Inc (TSX:CVE) Has a Hidden $1.6 Billion Bomb on its Balance Sheet

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) has put itself into a tough position. This year could unveil its financial weaknesses.

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    Energy Stocks

    The Market Is in Reset Mode! Scoop Up a Bargain With These 2 Energy Stocks

    While the market is finally rebounding, energy stocks like Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are steals.

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    Energy Stocks

    Is Alberta Inviting Criticism From Trump?

    Alberta's production cuts are squeezing the margins of U.S. refiners like Valero Energy Corp. (NYSE:VLO) and Phillips 66 (NYSE:PSX).

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    Investing

    3 Stocks That Have Soared 25% in 2019

    Canada Goose Holdings Inc (TSX:GOOS)(NYSE:GOOS) and these two other stocks have been off to great starts to the year, but will…

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    Energy Stocks

    Cenovus Energy Inc. (TSX:CVE) Remains a Risky and Unattractive Investment

    Despite higher bitumen prices the outlook for Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is not as positive as it appears.

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    Energy Stocks

    Struggling Oil Prices Make This Stock a Hot Buy

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) has struggled over the past few years amid low oil prices, while this other stock has been…

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    Energy Stocks

    Why Investors Should Watch Cenovus Energy Inc. (TSX:CVE) Stock

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is up 15% in recent trading. Are more gains on the way?

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    Energy Stocks

    A Remarkable Value Stock That’s Worthy of Your RRSP Dollars

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) could be a millionaire-maker in the works. Here's why you should buy the stock if you're…

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    Energy Stocks

    Cenovus Energy Inc (TSX:CVE) Posts $2.7 Billion Loss for 2018: Should Investors Be Worried?

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) had a disappointing finish to the year, but there's still hope things could turn around.

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    Energy Stocks

    Are Alberta’s Production Cuts a Disaster for the Oil Sands?

    Suncor Energy Inc. (TSX:SU)(NYSE:SU) could be the only oil sands operator to escape unscathed from the ongoing crisis in the…

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