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

    The Motley Fool
    Dividend Stocks

    Why I Prefer Cenovus Energy Inc. Over Baytex Energy Corp. in the Oil Sands

    Find out why, despite lower oil prices, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is on pace for records in sales and profits,…

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc. Is Severely Undervalued

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) may not have bottomed yet, but shares are still too cheap to ignore. Here's why investors…

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    oil, petroleum, refinery
    Dividend Stocks

    3 Oil and Gas Stocks to Buy as Oil Prices Rise

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and these two other stocks could be great buys as oil prices rise.

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    Energy Stocks

    Cenovus Energy Inc.: Is This Rally Sustainable?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is moving back in the green. Should investors buy shares today?

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    The Motley Fool
    Energy Stocks

    Should You Buy Suncor Energy Inc. or Cenovus Energy Inc. Right Now?

    Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are moving higher on rising oil prices. Is one more attractive?

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    Dividend Stocks

    Cenovus Energy Inc. Is up 35% in the Past Month: Is it Still a Buy?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has grown over 30% in the past month. Here's why it might continue to rise.

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    Dividend Stocks

    Value Investors: Cenovus Energy Inc. Asset Sales Create Buying Opportunity

    After agreeing to divest key assets, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is once again becoming a hit with value investors.

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    Energy Stocks

    2 Canadian Oil Stocks That Could Soar

    Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) have taken a beating in recent years. Is the rout…

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    Energy Stocks

    Ups and Downs of 5 Energy Stocks

    Will Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) have another run before internal combustion engines vehicles are taken…

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    Energy Stocks

    Now Might Be the Time to Bet on Canadian Oil Stocks

    Canadian companies, like Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), have gained as oil prices continue to rebound…

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc.: Has the Bottom Arrived?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is starting to pick up positive momentum. Is the bottom here? Or is the rally going…

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    Energy Stocks

    Should Cenovus Energy Inc. Be in Your Portfolio?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is up more than 15% since late August.

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