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

    What Does Cenovus Energy Inc. Need in 2016?

    Due to a lack of hedging, expect shares of Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) to go wherever oil goes.

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    The Motley Fool
    Investing

    Can Canada Rebound in 2016?

    In 2016, can Canada and oil producers such as Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) overcome depressed oil prices, a weak currency,…

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    The Motley Fool
    Energy Stocks

    Why 2016 Could Be Another Bleak Year for the Canadian Oil Industry

    With capex budget announcements rolling in, 2016 is expected to be another down year for the industry and oil companies…

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc.: Will it Survive the Oil Rout?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is working hard to cut costs and invest for the future, but risks remain.

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    The Motley Fool
    Energy Stocks

    Is it Time to Buy Cenovus Energy Inc.?

    Here's why Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) looks like a solid pick in the Canadian oil patch.

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    The Motley Fool
    Energy Stocks

    Canadian Natural Resources Ltd. Is Poised to Follow the Path Blazed by Encana Corporation and Cenovus Energy Inc.

    According to reports, Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) is exploring options for its royalty assets.

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    The Motley Fool
    Energy Stocks

    Will Cenovus Energy Inc. Buy or Be Bought?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is often cited as a consolidator and as a target. Which is more likely?

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc. Says it Is Not for Sale

    With M&A activity in Canada heating up, Cenovus Energy Inc.’s (TSX:CVE)(NYSE:CVE) CEO is standing up for its independence.

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    The Motley Fool
    Investing

    As Crude-By-Rail Shipments Plunge, Rail Companies Offer Price Discounts to Woo Shippers

    Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) reportedly offered volume discounts to oil sands producers.

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    The Motley Fool
    Energy Stocks

    Why Cenovus Energy Inc. and MEG Energy Corp. Are Ideal Takeover Targets

    We could easily see an offer for Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) or MEG Energy Corp. (TSX:MEG) in the near future.

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    The Motley Fool
    Energy Stocks

    4 Reasons to Consider Cenovus Energy Inc.

    Cenovus Inc. (TSX:CVE)(NYSE:CVE) is off its August lows, but there could be more upside ahead.

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    The Motley Fool
    Energy Stocks

    3 Companies That Suncor Energy Inc. Could Buy Next

    After buying Canadian Oil Sands Ltd. (TSX:COS), Suncor Energy Inc. (TSX:SU)(NYSE:SU) may purchase Penn West Petroleum Ltd. (TSX:PWT)(NYSE:PWE), Cenovus Energy…

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