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
2 Cheap Energy Stocks I’d Buy in July
Energy Stocks
Is it Time to Buy Cenvous Energy Inc. (TSX:CVE)?
Energy Stocks
OPEC Agrees to Boost Production: What Does This Mean for Canada’s Energy Patch?
Energy Stocks
OPEC to Raise Output: Should Oil and Gas Investors Be Worried?
Energy Stocks
Baytex Energy Corp. (TSX:BTE) vs. Cenovus Energy Inc. (TSX:CVE): Which Stock Is a Better Buy?
Dividend Stocks
Cenovus Energy Inc. (TSX:CVE) Stock Is up 30% Since March: Time to Sell or Buy More?
Dividend Stocks
5 Sectors That Should Get a Lift to Their Sales This Summer Season
Energy Stocks
2 Cheap Oil & Gas Stocks I’d Buy Right Now
Energy Stocks
Oil’s Latest Developments Make Cenovus Energy Inc. (TSX:CVE) an Unattractive Investment
Dividend Stocks
5 Ways That $100 Oil Could Impact Your Portfolio Holdings