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
Why the TSX May Outshine the S&P 500 Between Now and 2020
Dividend Stocks
Is Now the Time to Buy Canada’s Top Oil Stocks?
Energy Stocks
Why It’s Time to Reconsider This Energy Stock for the Long Term
Dividend Stocks
Cenovus Energy Inc. (TSX:CVE) Is 1 of 3 Absurdly Cheap Energy Stocks for Your TFSA
Energy Stocks
These 2 Top Oil Sands Stocks Look Ready for an Explosive Rebound
Dividend Stocks
LNG Canada Finally Gets Approval: A Big Win for Canadian Energy Stocks Such as Cenovus Energy Inc. (TSX:CVE)
Dividend Stocks
TFSA Investors: Shares in Cenovus Energy Inc (TSX:CVE) Are Soaring: Up More Than 11% During the Past Month!
Dividend Stocks
Canadian Pacific Railway Ltd. (TSX:CP): A Momentum Stock With Strong Fundamentals
Energy Stocks
Cenovus Energy Inc. (TSX:CVE) Will Struggle to Unlock Value Despite Higher Oil