|Day's Range||0.5600 - 0.7000|
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,572.24, down 167.46): Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.99 per cent, to $38.03 on 23.2 million shares. Manulife Financial Corp. (TSX:MFC). Finance. Down 41 cents, or 1.60 per cent, to $25.15 on 11.7 million shares. Enbridge Inc. (TSC:ENB). Energy. Down 65 cents, or 1.34 per cent, to $47.79 on 9.7 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Down
Cenovus (CVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Canada's resource-heavy stock index lost ground approaching noon EDT on Tuesday following a long ...
Cenovus Energy is now extremely cheap, despite the challenges. The post Cenovus Energy: Is it Time to Give Up? appeared first on The Motley Fool Canada.
Falling oil prices have suppressed profitability at companies like Suncor Energy Inc (TSX:SU). The post Oil Stocks: Is it Game Over? appeared first on The Motley Fool Canada.
Investors need to pay close attention to Cenovus Energy (CVE) stock based on the movements in the options market lately.
Here's why Suncor (TSX:SU) and Cenovus (TSX:CVE) are two top Canadian oil stocks that long-term investors should be watching. The post Where to Invest in Oil Stocks in May 2023 appeared first on The Motley Fool Canada.
Energy stocks like Cenovus Energy are beginning to look like attractive dip buys. The post 3 Top TSX Energy Stocks to Buy on the Dip appeared first on The Motley Fool Canada.
(Bloomberg) -- While the number of fires and evacuees across Canada’s top energy-producing province continues to decline, officials are preparing for a possible resurgence of the blazes when warmer, drier weather moves into the area this weekend.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapHedge Funds Drive Credit Suisse CDS
CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced a $200,000 donation to the Canadian Red Cross 2023 Alberta Fires Appeal to help support immediate relief efforts for the people and communities impacted by the ongoing wildfire situation in the province. In addition, the company is matching employees’ individual donations to fire relief efforts made through Cenovus Cares, its giving and volunteering program. Cenovus’s donation will assis
Higher contributions from the Canadian Manufacturing unit and lower expenses for purchased products aid Cenovus' (CVE) earnings in Q1.
The company added that production of about 85,000 barrels of oil equivalent per day has been impacted in Cenovus' Rainbow Lake, Kaybob-Edson, Elmworth-Wapiti and Clearwater operating areas. Cenovus, one of Canada's top energy producers, said it was working with provincial and municipal agencies to support efforts and staff in the area. Canada's main oil-producing province Alberta on Saturday declared a provincial state of emergency due to wildfires.
Canada's Cenovus Energy Inc said on Monday it has shut down production plants in some areas of its conventional business, due to wildfires in Alberta. The company added that production of about 85,000 barrels of oil equivalent per day has been impacted in Cenovus' Rainbow Lake, Kaybob-Edson, Elmworth-Wapiti and Clearwater operating areas. Cenovus, one of Canada's top energy producers, said it was working with provincial and municipal agencies to support efforts and staff in the area.
CALGARY, Alberta, May 08, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is providing an update on its Conventional production operations following ongoing wildfire activity in northern Alberta. Fires in the north-central region of the province have led the Government of Alberta to declare a state of emergency and a number of communities are under evacuation orders. With a focus on the safety of its people and integrity of its assets, on May 4, as a precaution, Cenovus began
Canada's Cenovus Energy Inc said on Monday it has shut-in production and brought plants down in some areas of its conventional business, due to wildfires in Alberta. Cenovus, which is one of the country's top energy producers, said it was working with provincial and municipal agencies to support efforts and staff in the area. Canada's main oil-producing province Alberta on Saturday declared a provincial state of emergency due to wildfires.
Cenovus Energy (TSE:CVE) has had a rough three months with its share price down 14%. However, stock prices are usually...
Vornado Realty Trust (NYSE:VNO) said after the close Wednesday that it will postpone its common-share dividends - which had offered a payout ratio of 10% - until the end of 2023.
Despite being hit by lower oil and gas prices, Cenovus reported strong Q1 cash flows and increased its dividend by 33%. The post Is Cenovus Stock a Buy After Earnings? appeared first on The Motley Fool Canada.
The Superior refinery is restarting five years after a massive explosion wounded dozens at Wisconsin's only such facility, with product sales expected to begin this quarter
Canada’s Cenovus Energy (CVE) has raised its quarterly dividend payment to shareholders by 33% ...
CALGARY, Alberta, April 26, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 26, 2023, each of the 13 nominees proposed as Directors and listed in its Management Information Circular dated March 1, 2023 were elected as Directors. The detailed results of the vote are set out below. NomineeVotes forVotes against NumberPercentNumberPercentKeith M. Casey1,559,229,71399.704,734,0690.30Canning K.N. Fok1,231,407,69678
Canada's main stock index struggled for direction on Wednesday as gains in technology sector stocks were offset by losses in industrials, while Teck Resources surged on withdrawal of its restructuring proposal. At 10:05 a.m. ET (1405 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 5.74 points, or 0.03%, at 20,445.61.
CALGARY — Cenovus Energy Inc. lowered its production guidance for the year Wednesday after releasing first-quarter financial results that missed Wall Street's expectations. However, outgoing CEO Alex Pourbaix — who will step down from the role later in the day following the company's annual meeting — suggested the remainder of 2023 looks more promising. “As the year progresses, we expect improved production and a fully operating downstream business," Pourbaix said in a news release. "The increas
Cenovus (CVE) delivered earnings and revenue surprises of 9.09% and 8.91%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Cenovus Energy Inc reported a first-quarter profit on Wednesday that more than halved as crude prices scaled back and the oil and gas producer also lowered its full-year production outlook. Crude oil prices eased during the quarter after rising to multi-year highs last year following Russia's invasion of Ukraine. During the first three months of 2023 oil prices came under pressure as the recent U.S. banking crisis raised concerns about a dip in oil demand.