|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.08 - 8.54|
|52 Week Range||6.76 - 13.32|
|PE Ratio (TTM)||3.49|
|Forward Dividend & Yield||0.15 (1.82%)|
|1y Target Est||10.85|
Canadian heavy oil discount has widened against the West Texas Intermediate (WTI) benchmark recently as growing inventories have led to a supply buildup. "We're taking steps to respond to a critical shortage of export pipeline capacity in Western Canada that is beyond our control and is having a negative impact on our industry and the broader Canadian economy," Chief Executive Alex Pourbaix said.
CALGARY, Alberta, March 22, 2018-- Cenovus Energy Inc. has been operating its oil sands facilities at reduced production rates and is storing excess barrels in its reservoirs in response to wider than ...
Cenovus Energy's (CVE) stressed balance sheet forces it to look for a partner in order to finance construction costs of the supporting infrastructure at its Narrows Lake oil sands project in Alberta.
Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is making its way back up again, and it could be an easy opportunity for investors to secure some short-term gains.
TORONTO/NEW YORK (Reuters) - Cenovus Energy Inc (Toronto:CVE.TO - News) is seeking a partner to fund C$1.3 billion ($993.1 million) in costs to build the supporting infrastructure at its Narrows Lake oil sands project in Alberta, two people familiar with the matter said on Friday. The Canadian energy firm has been seeking to raise billions to reduce its debt burden after it spent C$17 billion on acquiring oil sands and natural gas assets from ConocoPhillips (:COP - News) last year. To counter shareholder concern about that deal, which doubled the company's size but strained its financial position, Cenovus has been cutting jobs and costs and selling assets.
NEW YORK, March 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Cenovus energy Inc. (TSX:CVE)(NYSE:CVE) and Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) are trading near 12-month lows. Is one a good contrarian pick right now?
CALGARY, Alberta, March 06, 2018-- Cenovus Energy Inc. announced today that Hal Kvisle and Keith MacPhail will be proposed nominees for election to the Board of Directors at the company’ s next annual ...
Enbridge Inc. (TSX:ENB)(NYSE:ENB) achieved good growth in its most recent quarter, but that hasn't been enough to convince investors it is a good buy.
Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has been hit hard in recent years, presenting investors with a compelling value play opportunity. Here's why investors may be better off waiting, at least for the near term, before buying equity in this Canadian energy giant.
Should contrarian investors bet on Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) or Baytex Energy Corp. (TSX:BTE)(NYSE:BTE). Find out here.
Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is getting dangerously close to its all-time low. Why that could be a very good thing for opportunistic investors.
Following a sharp rally in the second half of 2017, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) shares have slumped back to their 52-week lows. Find out what makes this integrated producer such a great investment idea.
Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) appeared to have a good Q4, but strong sales and profit growth weren't enough to get investors excited about the stock.
Canadian oil and gas producer Cenovus Energy Inc (Toronto:CVE.TO - News) is looking to sell assets in Western Canada's Deep Basin, but will not part with its refinery business as it works to reduce debt, its chief executive said on Thursday. The Calgary-based company's new chief executive, Alex Pourbaix, has been cutting jobs and lowering operating expenses, following a purchase last year of ConocoPhillips' (:COP - News) Canadian assets that was unpopular with shareholders. "We simply have more (Deep Basin) opportunities than we can capitalize within any reasonable time frame," Pourbaix said on a quarterly post-earnings conference call with analysts, declining to quantify the assets up for sale.
CALGARY, Alberta, Feb. 15, 2018-- Cenovus Energy Inc. delivered strong cash from operating activities and adjusted funds flow in 2017. Through its continued focus on capital discipline and reliable operational ...
Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) is seeing its stock price crash again, and it could be a great opportunity to buy the shares at a big discount.
Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and many other stocks have been hit hard in the past month. Why the worst might not yet be over.