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

    oil, petroleum, refinery
    Dividend Stocks

    Cenovus Energy Inc. (TSX:CVE) Stock Is up 30% Since March: Time to Sell or Buy More?

    Shares in Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are up more than 30% since the beginning of March. Is the latest pullback…

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    Dividend Stocks

    5 Sectors That Should Get a Lift to Their Sales This Summer Season

    Summer is just around the corner. Find out which companies stand to benefit from the warmer weather, including Molson Coors…

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    Energy Stocks

    2 Cheap Oil & Gas Stocks I’d Buy Right Now

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and this other oil and gas stock could be great long-term buys as the industry continues to…

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    The Motley Fool
    Energy Stocks

    Oil’s Latest Developments Make Cenovus Energy Inc. (TSX:CVE) an Unattractive Investment

    First-quarter 2018 results indicate why Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is an unappealing play on higher oil.

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    The Motley Fool
    Dividend Stocks

    5 Ways That $100 Oil Could Impact Your Portfolio Holdings

    Find out how $100 oil could impact the value of your portfolio holdings, including Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and several others.

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    Dividend Stocks

    5 Stocks That Outperformed the TSX This Month

    The TSX is up more than 4% over the past month, but these stocks, including Canadian National Railway (TSX:CNR)(NYSE:CNI), have…

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    Energy Stocks

    Oil and Gas Investors: Could We See an End to Supply Cuts?

    Would a low price of oil have much of an impact on a company like Enbridge Inc (TSX:ENB)(NYSE:ENB)?

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    The Motley Fool
    Energy Stocks

    Contrarian Investors: Is it Time to Buy Baytex Energy Corp. or Cenovus Energy Inc.?

    Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are starting to attract attention. Is one a good bet today?

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    Energy Stocks

    Oil Prices at $80: 3 Stocks to Buy Now

    Enbridge Inc. (TSX:ENB)(NYSE:ENB) and these two other stocks could be great buys, as the price of oil continues to rise.

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    Energy Stocks

    Forget Suncor Energy Inc.! Here’s Another Oil Stock That’s Cheaper With More Upside!

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    Dividend Stocks

    Sorting Out the Winners and Losers From Higher Gasoline Prices

    Gas prices in Canada are 22.9% higher from where they were a year ago. Find out which companies stand to…

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    Dividend Stocks

    Suncor Energy Inc. vs. Cenovus Energy Inc.: Which Oil Stock Is a Better Buy?

    Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are two oil stocks that are surging amid rising oil prices.…

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