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

    Investing

    Attention Investors: Read This Before Buying Any Oil Sands Stocks

    The potential upcoming crisis that could affect Suncor Energy Inc. (TSX:SU)(NYSE:SU), Imperial Oil Limited (TSX:IMO)(NYSE:IMO), and Cenovus Energy Inc (TSX:CVE)(NYSE:CVE).

    Read more »

    The Motley Fool
    Investing

    2 Reasons to Avoid Penn West Petroleum Ltd, and 1 Stock to Buy Instead

    Penn West Petroleum's (TSX:PWT)(NYSE:PWE) shares may look depressed. But there are still better options.

    Read more »

    The Motley Fool
    Investing

    5 Reasons Why Cenovus Energy Inc Is a Solid Investment Choice

    Cenovus Energy Inc (TSX:CVE) (NYSE:CVE) offers strong shareholder returns from oil sands production and more.

    Read more »

    Dividend Stocks

    Cenovus Energy Inc: The Best Dividend Growth Potential in the Patch?

    Here's why Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) is ready to ramp up its dividend payouts.

    Read more »

    The Motley Fool
    Investing

    Are These Oil Sands Projects Really Losers?

    A new study suggests that oil sands projects by ConocoPhillips (NYSE:COP) and Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) need oil prices over…

    Read more »

    The Motley Fool
    Investing

    Billionaire Ray Dalio Bought $72 Million of This Oil Play

    Ray Dalio is buying Suncor Energy Inc. (TSX:SU)(NYSE: SU), Imperial Oil Limited (TSX:IMO)(NYSEMKT: IMO), Canadian Natural Resources Limited (TSX:CNQ)(NYSE: CNQ),…

    Read more »

    The Motley Fool
    Investing

    Cenovus Energy Inc.’s 2 Oil Sands Projects Are Promising for Investors

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is reaping a solid return on investment at two of its industry-leading oil sands projects.

    Read more »

    The Motley Fool
    Investing

    3 Reasons Why Cenovus Energy Inc Should Be in Your Portfolio

    Looking for a well diversified oil company with terrific oil sands growth potential? Look no further than Cenovus Energy Inc.…

    Read more »

    The Motley Fool
    Investing

    One Simple Reason to Load Up on Inter Pipeline Ltd.

    How Inter Pipeline Ltd (TSX:IPL) is primed to take advantage of the upcoming boom in oil sands production.

    Read more »

    The Motley Fool
    Investing

    Canadian Natural Resources Limited and Cenovus Energy Inc: The Only Energy Stocks You Need

    Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) and Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) have all the attributes you should be looking for.

    Read more »

    The Motley Fool
    Investing

    3 Reasons to Buy Cenovus Energy Inc. Over Crescent Point Energy Corp.

    Investors seem to love Crescent Point Energy Corp.'s (TSX:CPG)(NySE:CPG) big dividend. However, there are plenty of reasons to choose Cenovus…

    Read more »

    The Motley Fool
    Investing

    4 Reasons to Be Bullish on Equities

    Here's why investors should remain bullish on equities and in particular, on major players in the patch such as Suncor…

    Read more »