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

    Embrace the Sell-off; Why it’s Time to Buy Canada’s Energy Giants

    There are great deals in Canada's energy sector. Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Canadian Oil Sands Ltd. (TSX:COS) are two…

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    The Motley Fool
    Investing

    Don’t Panic! Why Markets Are Tanking and What You Can Do About it

    It's the perfect time to buy your favorite stocks on sale. I'd start with Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Telus…

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    The Motley Fool
    Investing

    3 Moves Investors Should Make When the Market Plunges

    Don't sweat the correction. Just buy Metro Inc. (TSX:MRU), RioCan Real Estate Investment Trust (TSX:REI.UN), and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

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    Dividend Stocks

    2 Dividend Stocks That Will Pay Off: The Bank of Nova Scotia and Cenovus Energy Inc.

    October has seen equity markets correct, but should investors be worried? Here's why The Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and…

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    The Motley Fool
    Energy Stocks

    Why Wall Street Loves Suncor Energy Inc.

    Suncor Energy Inc. earns a buy rating from Wall Street, joining Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), Husky Energy Inc. (TSX:HSE), and…

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    The Motley Fool
    Dividend Stocks

    3 Dividend Stocks I’d Buy If I Won $8,000

    Here's why I would invest in Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR), and Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) with…

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    The Motley Fool
    Energy Stocks

    Forget Gold: 2 Black Gold Stocks to Buy Instead

    Sell your gold and buy Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

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    The Motley Fool
    Energy Stocks

    $150-per-Barrel Oil Is Coming: Buy These 3 Producers Now

    According to a top oil trader, high oil prices are on the horizon, so buy Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ),…

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    The Motley Fool
    Investing

    4 Reasons to Add Canadian Oil Sands Ltd. to Your Portfolio

    Why Canadian Oil Sands Ltd. (TSX:COS) is a good long-term buy at these levels.

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    The Motley Fool
    Dividend Stocks

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

    Here's why a $5,000 windfall could easily double when invested in Potash Corp./Saskatchewan Inc. (TSX:POT)(NYSE:POT), Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), and…

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    The Motley Fool
    Investing

    Your Instant 3-Stock Energy Portfolio

    Here's why new investors should pick Suncor Energy Inc. (TSX:SU)(NYSE:SU), Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE), and Canadian Natural Resources Limited (TSX:CNQ)…

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    The Motley Fool
    Investing

    3 Reasons Why I Am Bullish on Cenovus Energy Inc.

    Despite the looming WTI price crunch, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is a solid addition to any share portfolio.

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