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

    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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    The Motley Fool
    Energy Stocks

    Imperial Oil Limited Turns to Technology to Survive the Oil Downturn

    Imperial Oil Limited (TSX:IMO)(NYSE:IMO) sees technology as the key to improve production and returns from the oil sands.

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    The Motley Fool
    Energy Stocks

    3 Companies That Suncor Energy Inc. or Imperial Oil Limited Might Buy Out

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), Canadian Oil Sands Ltd. (TSX:COS), and MEG Energy Inc. (TSX:MEG) must look tempting to Suncor Energy…

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    The Motley Fool
    Energy Stocks

    Is Encana Corporation or Cenovus Energy Inc. a Better Oil Bet?

    Encana Corporation (TSX:ECA)(NYSE:ECA) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) used to be one big company. Let's see which one is likely…

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    The Motley Fool
    Dividend Stocks

    Buy Cenovus Energy Inc. or Somebody Else Will

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) represents a compelling investment opportunity. The energy company is looking beyond the U.S. to international markets.

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc.: Has This Stock Bottomed?

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

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    The Motley Fool
    Energy Stocks

    Will Oil Exports Save Cenovus Energy Inc.?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is focusing on getting its oil to places where it will command a higher price.

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    The Motley Fool
    Energy Stocks

    Where Are the Production Cuts From Canada’s Oil Producers?

    Producers such as Suncor Energy Inc. (TSX:SU)(NYSE:SU), Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ), Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), and Crescent Point Energy…

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    The Motley Fool
    Energy Stocks

    3 Huge Surprises From Cenovus Energy Inc.’s Earnings Report

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) made three surprising announcements in its second-quarter report.

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    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc. Reduced its Dividend: What Should You Do?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) released weak second-quarter earnings on July 30, but its stock has responded by rising over 2%.…

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    The Motley Fool
    Energy Stocks

    Should Cenovus Energy Inc. Buy This Texas Refinery?

    Reports suggest that Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) could bid on a stake in Total SA’s (NYSE:TOT) refinery in Texas.

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