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

    Cenovus Energy Inc. (TSX:CVE) in the Red for Q2 Despite Strong Sales Growth

    Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) had a great showing in its top line, but that unfortunately didn't translate into a strong bottom…

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    Dividend Stocks

    AltaGas Ltd. (TSX:ALA) and These 2 Energy Stocks Are Must-Own Stocks for the 2nd Half of 2018

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    The Motley Fool
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    Suncor Energy Inc. (TSX:SU) Looks Overvalued and Ripe for a Pullback: Buy This Oil Sands Stock Instead!

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    oil, petroleum, refinery
    Energy Stocks

    4 Oil and Gas Stocks to Monitor in August

    Oil prices have retreated in recent weeks, but Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and other energy stocks could still have room…

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    The Motley Fool
    Dividend Stocks

    Better Buy: Canopy Growth Corp. (TSX:WEED) vs. Canadian Natural Resources Ltd. (TSX:CNQ) and the Energy Sector

    Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) appears overvalued relative to earnings, while energy stock Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) is trading at…

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    The Motley Fool
    Energy Stocks

    Imperial Oil Ltd. (TSX:IMO) vs. Cenovus Energy Inc. (TSX:CVE): Which Stock Is a Better Bet?

    Imperial Oil Ltd. (TSX:IMO)(NYSE:IMO) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) have enjoyed a nice bounce off the March lows. Is one…

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    Energy Stocks

    TFSA Value Investors: This Severely Undervalued Oil Stock Could Take Off!

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is a cheap name that could really take off in the year ahead.

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    Dividend Stocks

    1 Must-Own Energy Stock Yielding 3% to Cash in on Higher Oil

    Light oil driller Whitecap Resources Inc. (TSX:WCP) is poised to unlock further value for investors as crude rises higher.

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    The Motley Fool
    Energy Stocks

    Is Cenovus Energy Inc. (TSX:CVE) a Worthwhile Investment?

    The outlook for Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) remains uncertain, despite higher oil.

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    Energy Stocks

    Oil Prices Continue to Soar: Is Now the Time to Load Up on Oil and Gas Stocks?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is still a great buy, despite producing strong returns this year.

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    Dividend Stocks

    Is it Finally Time for Canadians to Double-Down on Alberta’s Oil Patch?

    Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) spiked 15% over the last few weeks, as oil continues to soar. Is it finally…

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    Energy Stocks

    Is Canada’s Heavy Oil Crisis Easing?

    Heavy oil producers such as Cenovus Inc. (TSX:CVE)(NYSE:CVE) are unattractive investments in the current operating environment.

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