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

    3 Canadian Oil Stocks That Could Thrive in 2015

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), EnCana Corporation (TSX:ECA)(NYSE:ECA), and Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) are all poised to thrive in 2015…

    Read more »

    The Motley Fool
    Dividend Stocks

    Cenovus Energy Inc. Takes Action to Keep its 5.4% Dividend Safe

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) cuts spending by 15% amid low oil prices so that it can sustain its dividend.

    Read more »

    Energy Stocks

    Cenovus Energy Inc’s 2015 Outlook: The Good and the Bad

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) cut its spending budget today. Here’s what investors should know about the company for 2015.

    Read more »

    The Motley Fool
    Dividend Stocks

    3 Dividend Growth All-Stars for Your RRSP

    Looking for RRSP ideas? I suggest Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), Rogers Communications (TSX:RCI.B)(NYSE:RCI), and National Bank of Canada (TSX:NA).

    Read more »

    The Motley Fool
    Energy Stocks

    3 Oversold Oil Stocks I’d Buy With An Extra $5,000

    Suncor Energy Inc. (TSX:SU)(NYSE:SU), and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are just two of the stocks in this sector that are…

    Read more »

    The Motley Fool
    Investing

    Are Stocks in a Bubble? Who Cares!

    The case for buying Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), even though markets look a bit frothy.

    Read more »

    The Motley Fool
    Energy Stocks

    3 Reasons to Buy Cenovus Energy Inc. Right Now

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) shares are on sale. Act now before everyone loves oil again.

    Read more »

    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc. Dials Up Another Approval for an Oil Sands Project

    Cenovus Energy Inc. gets regulatory approval for Telephone Lake.

    Read more »

    The Motley Fool
    Energy Stocks

    Cenovus Energy Inc.: If You Don’t Buy Now, You’ll Regret it Later

    Cenovus Energy (TSX:CVE)(NYSE:CVE) has low production costs, huge growth prospects, and is trading at a deep bargain.

    Read more »

    The Motley Fool
    Dividend Stocks

    3 Oversold Dividend Stocks I’d Buy With an Extra $5,000

    Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG), Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK), and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are top dividend picks in the…

    Read more »

    The Motley Fool
    Dividend Stocks

    Cenovus Energy Inc. vs. Husky Energy Inc.: Which Is a Better Dividend Pick?

    Is Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) or Husky Energy Inc (TSX:HSE) a better pick for income investors?

    Read more »

    The Motley Fool
    Energy Stocks

    2 Canadian Oil Plays Offering Solid Potential Upside

    Take advantage of the softness in energy stocks by investing in Parex Resources Inc. (TSX:PXT) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

    Read more »