CVE.TO - Cenovus Energy Inc.

Toronto - Toronto Delayed Price. Currency in CAD
10.61
-0.18 (-1.67%)
As of 1:03PM EST. Market open.
Stock chart is not supported by your current browser
Previous Close10.79
Open10.80
Bid10.61 x 0
Ask10.62 x 0
Day's Range10.57 - 10.81
52 Week Range8.74 - 14.84
Volume325,302
Avg. Volume4,806,859
Market Cap13.037B
Beta (3Y Monthly)2.18
PE Ratio (TTM)N/A
EPS (TTM)-0.56
Earnings DateFeb 14, 2018 - Feb 19, 2018
Forward Dividend & Yield0.20 (1.87%)
Ex-Dividend Date2018-12-13
1y Target Est14.05
  • Does the Latest News Mean that Canada’s Oil Crisis Is Over?
    The Motley Fool4 hours ago

    Does the Latest News Mean that Canada’s Oil Crisis Is Over?

    The outlook for oil sands operators such as Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) continues to improve.

  • The Canadian Press5 days ago

    Most actively traded companies on the TSX

    Some of the most active companies traded Wednesday on the Toronto Stock Exchange:

  • Canada's oil cuts offer lifeline to producers but create new problems
    Reuters5 days ago

    Canada's oil cuts offer lifeline to producers but create new problems

    The Canadian province of Alberta's OPEC-style decision to force production cuts is benefiting oil companies with higher prices, but it is also pushing capital elsewhere and threatens to undermine booming crude-by-rail shipments. After Alberta cut 325,000 barrels per day (bpd) starting this month, the discount on Canadian heavy oil compared to benchmark U.S. crude oil shrank to less than $7 per barrel from more than $40 in October, providing relief for producers. Some producers have already decided to spend more in other provinces.

  • 3 Top Energy Stocks to Buy in 2019
    The Motley Fool6 days ago

    3 Top Energy Stocks to Buy in 2019

    Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) is one of the top energy stocks that investors should consider adding to their portfolios in 2019.

  • Will You Buy These Energy Stocks on the Cheap?
    The Motley Fool8 days ago

    Will You Buy These Energy Stocks on the Cheap?

    Should you buy Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) or its competitor for the next year?

  • Oilprice.com8 days ago

    Canada’s Crude Oil Production Cuts Are Unsustainable

    With Canada’s pipeline bottlenecks weighing on the country’s oil industry, the government took an extreme measure to combat the problem, and it could have some unforeseen consequences

  • TFSA Investors: 3 TSX Index Stocks to Buy as the Market Recovers
    The Motley Fool12 days ago

    TFSA Investors: 3 TSX Index Stocks to Buy as the Market Recovers

    Here's why Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and another two oversold TSX Index stocks deserve to be on your TFSA radar today.

  • Will the Latest News From Alberta End Canada’s Oil Crisis?
    The Motley Fool12 days ago

    Will the Latest News From Alberta End Canada’s Oil Crisis?

    Is the outlook for Canada's oil sands producers like Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) improving?

  • Canadian Crude Surges as Rail Shipments Rise Despite Cuts
    Bloomberg13 days ago

    Canadian Crude Surges as Rail Shipments Rise Despite Cuts

    The discount of Western Canadian Select at Hardisty, Alberta, to West Texas Intermediate futures shrank $1.50 to $9 a barrel Monday, the narrowest since April 2017, data compiled by Bloomberg show. “What I am seeing is substantial increase in rail car loadings,” Tim Pickering, chief investment officer of Auspice Capital Advisors Ltd. in Calgary.“I don’t believe the cuts are too deep.

  • This Oil Stock Gave Its Investors Reason to Cheer in 2018
    Motley Fool14 days ago

    This Oil Stock Gave Its Investors Reason to Cheer in 2018

    What's in store for 2019?

  • 2018: Oil and Gas Stocks Year in Review
    Motley Fool23 days ago

    2018: Oil and Gas Stocks Year in Review

    A look back at what happened in the oil market during 2018 and how energy market moves affected oil and gas stocks.

  • 2 Stocks That Could Be Takeover Targets in 2019
    The Motley Fool24 days ago

    2 Stocks That Could Be Takeover Targets in 2019

    Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and a 170-year-old Canadian bank could attract suitors after the steep sell-off in their stock prices.

  • Oil Sands Rebound in 2019 Hinges on Rail, Output Cuts, Pipeline
    Bloomberg25 days ago

    Oil Sands Rebound in 2019 Hinges on Rail, Output Cuts, Pipeline

    Government-mandated production cuts and the potential startup of a key crude pipeline are among key developments to watch for next year. While the announcement of production curtailments by Premier Rachel Notley has succeeded in lifting Canadian crude prices from record lows even before their implementation starts next month, the province’s ability to wind down that policy without crashing the market will be crucial. The government will then work to match production with transportation and storage policy, reviewing the levels every month.

  • Is Cenovus Energy Inc.’s (TSE:CVE) Balance Sheet Strong Enough To Weather A Storm?
    Simply Wall St.27 days ago

    Is Cenovus Energy Inc.’s (TSE:CVE) Balance Sheet Strong Enough To Weather A Storm?

    Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Cenovus Energy Inc. (TSE:CVE), with a market cap of CA$11b, are often out of the Read More...

  • Rate hikes, trade wars and oil cuts: Five things to watch for in 2019
    Yahoo Finance Canadalast month

    Rate hikes, trade wars and oil cuts: Five things to watch for in 2019

    After more than a year of tumultuous negotiations that often appeared to be on the brink of falling apart, a revamped NAFTA deal was signed by Canada, the United States and Mexico. While the trade deal was welcome news for the business community, slumping oil prices and a steep discount on the price of Alberta heavy crude has weighed on the economy and led to drastic provincially-imposed production cuts.

  • Two Deeply Oversold Stocks I Can’t Wait to Buy for My TFSA
    The Motley Foollast month

    Two Deeply Oversold Stocks I Can’t Wait to Buy for My TFSA

    The latest bout short-term market volatility has put a whole slew of deeply discounted stocks on sale that I can't wait to buy for my TFSA including BlackBerry Ltd (TSX:BB)(NYSE:BB) and another deep value refining company.

  • 3 Top Oil and Gas Stocks to Buy Right Now
    The Motley Foollast month

    3 Top Oil and Gas Stocks to Buy Right Now

    With a dividend yield of almost 4% and strong cash flows, Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) is one of three stocks to buy for long-term wealth building.

  • Reuterslast month

    Cenovus cuts 2019 capex by 4 percent, raises production forecast

    The company said it plans to invest between C$1.2 billion ($901.1 million) and C$1.4 billion in 2019, with the majority of the budget going to its Foster Creek and Christina Lake oil sands operations. Cenovus raised its 2019 oil sands production forecast by 3 percent to a range of 377,000 barrels per day (bpd) to 395,000 bpd as it expects increased activity at its Christina Lake operations in Alberta. The company said the production forecast does not include the impact of mandated production curtailments scheduled to take effect on Jan. 1.

  • Cenovus, Athabasca unveil growth-constrained 2019 capital budget plans
    The Canadian Presslast month

    Cenovus, Athabasca unveil growth-constrained 2019 capital budget plans

    Oilsands producers Cenovus Energy Inc. and Athabasca Oil Corp. have announced capital budgets that restrict spending to what's required to almost maintain current production levels in 2019. Cenovus said it will spend between $1.2 billion and $1.4 billion next year, down about four per cent from this year's budget, with a target of a two per cent decline in overall production to between 472,000 and 500,000 barrels of oil equivalent per day in 2019. Smaller Athabasca, meanwhile, plans to spend between $95 million and $110 million in 2019, down from about $190 million this year, and production will slip to a midpoint of about 38,750 boe/d from 40,000 boe/d.

  • Baystreetlast month

    Markets Continue Positive Midday

    Canada's main stock index gained on Tuesday in a broad-based rally led by energy stocks, which were ...

  • Has the Latest OPEC Deal Reduced Risk for Canadian Oil Sands Companies?
    The Motley Foollast month

    Has the Latest OPEC Deal Reduced Risk for Canadian Oil Sands Companies?

    The latest OPEC deal has failed to alleviate many of the risks associated with investing in Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and MEG Energy Corp. (TSX:MEG).

  • Baystreetlast month

    Stocks in play: Cenovus Energy Inc.

    Plans to invest between $1.2 billion and $1.4 billion in 2019, with the majority of the budget going ...

  • Market Realistlast month

    Top Energy Gainers Last Week

    On November 30–December 7, Gulfport Energy (GPOR) gained the most on our list of upstream energy stocks. However, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.9%—the third–largest decline among the major energy subsector ETFs that we discussed in the previous part.

  • Will Cenovus Energy Inc. (TSX:CVE) Ever Go Full Throttle?
    The Motley Fool2 months ago

    Will Cenovus Energy Inc. (TSX:CVE) Ever Go Full Throttle?

    Can Cenovus Energy Inc. (TSX:CVE) overcome the oil price crash?