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
    Investing

    5 Canadian Large Caps Trading Close to Their 52-Week Lows

    Find out if there are some interesting ideas in the market's trash bin.

    Read more »

    The Motley Fool
    Investing

    Former Canadian Resident and Oil Baron Puts the Keystone Pipeline in Terms Even the U.S. Government should Understand

    Come see what real common sense looks like.

    Read more »

    The Motley Fool
    Investing

    Cenovus, Encana, TransCanada: 3 Important Takeaways from Last Week’s Earnings

    Conference call Q&A sessions remind us there is more to earnings season than just the top and bottom lines.

    Read more »

    The Motley Fool
    Investing

    Canadian Oil Producers are in the Spotlight

    With the price of oil lifting, full-year results could be much better than these producers expected.

    Read more »

    The Motley Fool
    Investing

    A Mixed Bag of Earnings on a Busy Wednesday

    Some winners and some losers as 2nd quarter results begin to roll through.

    Read more »

    The Motley Fool
    Investing

    What to Expect When These 5 Companies Report on Wednesday

    Results out of these 5 are sure to spur some market participants into action.

    Read more »

    The Motley Fool
    Investing

    Like it or not, Oil Transported by Rail is Here to Stay

    Get this Fool's take on which Canadian rail co provides the most likely ride to riches.

    Read more »

    The Motley Fool
    Investing

    How Bright Is the Oil Sands’ Future?

    Long-term, alternative energy sources may outduel this high cost asset.

    Read more »

    The Motley Fool
    Investing

    3 Canadian Energy Companies Profiting in the United States

    These three aren't exposed to the pricing issues that many in the Canadian energy patch currently face.

    Read more »

    The Motley Fool
    Investing

    Royal Bank, Suncor Help Drive the TSX Higher

    The U.S. market came back from its long weekend refreshed and ready to rally. Canada says thanks!

    Read more »

    Investing

    Are These 3 Dividends In Danger?

    Prepare to be shocked when you find out, by the metrics, the 3 companies in question.

    Read more »

    The Motley Fool
    Investing

    Canadian Large Cap Energy Stocks Look Cheap

    Goldman should be looking north of the border for cheap energy stocks.

    Read more »