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

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

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    The Motley Fool
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    Suncor Energy Inc. (TSX:SU)(NYSE:SU) doesn’t see another oil sands mine being built for quite some time.

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    The Motley Fool
    Energy Stocks

    Suncor Energy Inc. Is Already Hinting at What it Might Buy Next

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    The Motley Fool
    Energy Stocks

    Goldman Sachs Group Inc. Says Buy These Oil Companies

    Goldman Sachs Group Inc. (NYSE:GS) recommends Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Encana Corporation (TSX:ECA)(NYSE:ECA). Should you dive in?

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    The Motley Fool
    Energy Stocks

    What Will Canadian Oil Companies Do With Their Massive Cash Piles?

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    The Motley Fool
    Energy Stocks

    Encana Corporation and Cenovus Energy Inc. Join Canada’s Growing Junk Problem

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    The Motley Fool
    Energy Stocks

    Why Did Moody’s Cut Encana Corporation and Cenovus Energy Inc. to Junk Status?

    Encana Corporation (TSX:ECA)(NYSE:ECA) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) have seen better days.

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    The Motley Fool
    Energy Stocks

    Should Investors Buy Cenovus Energy Inc. to Play an Oil Rebound?

    Here's what investors need to know about Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

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    The Motley Fool
    Dividend Stocks

    2 TSX 60 Stocks Just Cut Their Dividends by 50% or More

    Arc Resources Ltd. (TSX:ARX) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) just cut their dividends by 50% or more. What should you…

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    The Motley Fool
    Dividend Stocks

    Cenovus Energy Inc.: Why Doesn’t This Energy Giant Get More Love?

    With a solid balance sheet, a safe 3.9% dividend, and terrific long-term oil sands assets, maybe it's time for investors…

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    The Motley Fool
    Energy Stocks

    When Will Oil Rebound?

    Low oil prices have hurt big companies like Exxon Mobil Corporation (NYSE:XOM) and smaller operators like Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).…

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    The Motley Fool
    Energy Stocks

    3 Canadian Oil Story Lines to Watch in 2016

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