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
Time to Buy Cenovus Energy Inc.?
Dividend Stocks
Oil Investors: Here Are 3 Companies Less Affected by the Western Canadian Select Discount
Investing
A Look Back at My 1st 5 Stock Picks
Energy Stocks
3 Up, 3 Down: Energy Stocks and the Gaining Momentum
Dividend Stocks
These Dirt-Cheap Oil Stocks Could Surprise You in 2018
Energy Stocks
4 of the Biggest Losers in 2017: Can These Stocks Bounce Back in 2018?
Energy Stocks
Contrarian Investors: Could Cenovus Energy Inc. Double in 2018?
Investing
Swing In to the Holidays With This List of Best-Buy Stocks
Dividend Stocks
Why This Oil Sands Company Remains the Safest of the Bunch
Energy Stocks
Is Cenovus Energy Inc. a Buy After Announcing More Aggressive Cuts?