|Bid||12.07 x 0|
|Ask||12.08 x 0|
|Day's Range||11.90 - 12.50|
|52 Week Range||8.74 - 14.26|
|Beta (3Y Monthly)||2.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||0.20 (1.62%)|
|1y Target Est||14.71|
CALGARY, Alberta, July 18, 2019 -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its second-quarter results on Thursday, July 25, 2019. The news release will provide.
Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has turned the corner and the market might not be fully appreciating the upside potential.
Stronger oil prices could mean another improved quarter for Cenovus Energy Inc (TSX:CVE)(NYSE:CVE), and that could be just what the stock needs in order to continue rising.
Cenovus Energy Inc. says its thermal oilsands operations in northern Alberta produced their one billionth barrel of bitumen on Wednesday. The milestone comes about 18 years after Cenovus' Foster Creek facility was launched in 2001 as the first commercial oilsands project to use steam-assisted gravity drainage technology or SAGD. Its sister project at Christina Lake began producing oil a year later.
Cenovus Energy Inc. (CVE.TO) (CVE) announced today that on July 10, 2019 the company reached one billion barrels of cumulative production from its Foster Creek and Christina Lake oil sands facilities in northern Alberta. Cenovus is the first company to produce one billion barrels of oil using steam-assisted gravity drainage (SAGD) technology. Foster Creek began producing oil as a pilot under a predecessor company in 1997 and in 2001 became the first commercial oil sands project to use SAGD, while Christina Lake began producing oil in 2002.
Dividend paying stocks like Cenovus Energy Inc. (TSE:CVE) tend to be popular with investors, and for good reason...
Bombardier, Inc. (TSX:BBD.B), Cameco Corp. (TSX:CCO)(NYSE:CCJ), and this other stock have been beaten down to bargain-basement prices too good not to snatch up.
Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) is just one of two deeply discounted energy stocks that continue to crank out significant cash flows despite all the problems in the energy industry in Canada and beyond.
Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) has rallied 17% since the start of the year and there's still a lot of upside left for the stock.