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
    Energy Stocks

    Cenovus Energy Inc.: Should You Catch This Falling Knife?

    Is Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) a buy after its recent $17.7 billion acquisition?

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    Energy Stocks

    Cenovus Energy Inc. Tanks 12%: Time to Buy?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is about to become Canada's third-largest oil sands producer. Is that a good thing for investors?

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc. Makes a Big Deal: Worth a Buy?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is making a large acquisition which should change the trajectory of the company in a big…

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    Energy Stocks

    Is Cenovus Energy Inc. Ripe for a Rebound?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is dirt cheap. If you're bullish on oil, then it might be time to start buying.

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    The Motley Fool
    Energy Stocks

    Is Cenovus Energy Inc. a Great Contrarian Play?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is ridiculously cheap right now. Should contrarians consider buying it?

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    The Motley Fool
    Energy Stocks

    3 Things Baytex Energy Corp. Has to Prove in 2017

    Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) plans to grow production this year, but it still needs to prove it can sustain this…

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    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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