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

    Wildfires in Canada: What it Means for Oil Sands Investors

    Wildfires in western Canada have resulted in production shutdowns for Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Canadian Natural Resources Ltd. (NYSE:CNQ)(NYSE:CNQ).

    Read more »

    The Motley Fool
    Dividend Stocks

    Dividend Investors: Has Cenovus Energy Inc. Bottomed?

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

    Read more »

    Dividend Stocks

    The Instant 3-Stock Dividend Portfolio for Long-Term Investors

    Are you in search of a dividend stock? If so, take a look at Corus Entertainment Inc. (TSX:CJR.B), Cenovus Energy…

    Read more »

    The Motley Fool
    Dividend Stocks

    Which Stock Is a Better Buy for Dividend Investors: Cenovus Energy Inc. or Crescent Point Energy Corp.?

    Is Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) or Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) a better bet for income investors?

    Read more »

    The Motley Fool
    Investing

    Which Turnaround Stock Is a Better Bet: Cenovus Energy Inc. or Teck Resources Ltd.?

    Both Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) have seen better days. Which is the better stock to…

    Read more »

    The Motley Fool
    Dividend Stocks

    Can Investors Count on These 5%+ Energy Sector Dividends?

    The generous dividends of Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG), Arc Resources Ltd. (TSX:ARX), and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are all…

    Read more »

    The Motley Fool
    Energy Stocks

    Why Suncor Energy Inc. and Cenovus Energy Inc. Have Downside Protection

    Both Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) both demonstrated strong refining results in Q1 2015. Here's why…

    Read more »

    The Motley Fool
    Dividend Stocks

    The 10 Highest Dividend Yields of the S&P/TSX 60 Index in May

    High yield stocks like BCE Inc. (TSX:BCE)(NYSE:BCE), Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI), and Crescent Point Energy Corp. (TSX:CPG)(TSX:CPG) sport some of…

    Read more »

    The Motley Fool
    Energy Stocks

    Should You Be Worried About Cenovus Energy Inc.’s $700 Million Shortfall?

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) could be over $700 million short for 2015. With Q1 earnings in, is it still a…

    Read more »

    The Motley Fool
    Energy Stocks

    George Soros Is Betting on the Canadian Energy Sector: Should You, Too?

    Billionaire investor George Soros has been building positions in oil sand stocks, such as Suncor Energy Inc. (TSX:SU)(NYSE:SU), Cenovus Energy…

    Read more »

    The Motley Fool
    Dividend Stocks

    Dividend Watch: Cenovus Energy Inc. and TransAlta Corporation

    Will the NDP win in Alberta lead to dividend cuts at Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and TransAlta Corporation (TSX:TA)(NYSE:TAC)?

    Read more »

    The Motley Fool
    Energy Stocks

    Is This the Final Nail in the Coffin for the Oil Sands?

    Alberta’s election results sends oil stocks like Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Husky Energy Inc. (TSX:HSE) down more than 5%.

    Read more »