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

    Why Cenovus Energy Inc. May Finally Turn a Profit in 2017

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has significant exposure to global oil prices. Here's what hypothetical price increases would mean for Cenovus…

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    The Motley Fool
    Energy Stocks

    2017 May Finally Be the Year Oil Investors Have Been Waiting for

    Oil investors in large Canadian oil companies, such as Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), stand to…

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc. Set to Experience Major Gains in 2017

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has a healthy future ahead. Some investors are cautious, but all signs point towards a year…

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    The Motley Fool
    Dividend Stocks

    Investors: 3 Reasons Why 2017 Could Be Bad for the Loonie (and 3 Ways to Profit From the Trend)

    Bearish on the loonie? Then load up on stocks such as Fortis Inc. (TSX:FTS)(NYSE:FTS), Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), and Slate…

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    The Motley Fool
    Energy Stocks

    Oil Companies Are Finally Dusting Off Long-Dormant Oil Sands Projects

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) recently gave the green light to restart stalled growth projects.

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    Energy Stocks

    Cenovus Energy Inc.: Are Better Days Ahead?

    Investors often overlook Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE). That might be a mistake.

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    The Motley Fool
    Energy Stocks

    Billions of Barrels of Canadian Oil Are About to Disappear

    Exxon Mobil Corporation (NYSE:XOM) and Imperial Oil Limited (TSX:IMO)(NYSE:IMO) will have to remove billions of barrels of oil from their…

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    The Motley Fool
    Energy Stocks

    Oil-Price Volatility Is Shifting Attention to These Integrated Energy Companies

    While upstream energy companies continue to be at the mercy of oil-price volatility, Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy…

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    The Motley Fool
    Energy Stocks

    Is the Worst Over for the Canadian Oil Sands?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and MEG Energy Corp. (TSX:MEG) are mulling over new projects.

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    The Motley Fool
    Energy Stocks

    Alberta Is Cutting Oil and Gas Taxes: Who Wins?

    Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are positioned well.

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    Energy Stocks

    Suncor Energy Inc. Could See Nearly $1 Billion in Cash Flow Go up in Smoke

    As much as 20% of Suncor Energy Inc.’s (TSX:SU)(NYSE:SU) cash flow could have been impacted by the wildfires.

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    The Motley Fool
    Energy Stocks

    Better Buy: Cenovus Energy Inc. vs. Canadian Natural Resources Limited

    Here's a look at the balance sheets, portfolios, and upside of Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Canadian Natural Resources Limited…

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