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The Latest Breaking News from Cenovus

3 Under-the-Radar Oil Stocks to Keep Your Eye On

Some energy stocks could benefit from a second Trump administration; keep an eye on these under-the-radar firms poised to rise with the broader industry.

MarketBeat

3 Energy Dividend Stocks to Grab While They're Cheap

With oil prices near cyclical lows and a soft economic landing still possible, now may be the time to buy the dip on these energy dividend stocks.

Barchart

Is Cenovus Energy (CVE) the Key to Powering up Your Investment Portfolio in June?

Last month, Cenovus Energy (CVE) reported a stellar first-quarter earnings report and comfortably topped analysts’ earnings and revenue estimates in the March quarter. But is CVE the key to powering up your investment portfolio in June? Let’s look at its financial metrics to gauge its prospects….

StockNews.com

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Wisconsin's only oil refinery to reopen after 2018 explosion

Wisconsin’s only oil refinery is on track to be fully operational in June after a $1.2 billion effort to rebuild the facility five years following an explosion

The Independent UK

Despite soaring profits, oil companies are not paying enough for their environmental damage

At the end of the third quarter reporting season in October, the Big Four oilsands producers continued to report record profit levels. Collectively, Cenovus, CNRL, Imperial Oil and Suncor earned $5.8 billion in the third quarter and $23.1 billion in the first nine months of 2022. The average return on…

The Conversation

For Mets Owner Steve Cohen NYC Casino Ambitions Part Of A Diversification Strategy

For Mets Owner Steve Cohen, NYC Casino Ambitions Are Part Of A Diversification Strategy

Zenger

For Mets Owner Steve Cohen Has NYC Casino Ambitions Part Of A Diversification Strategy

For Mets Owner Steve Cohen, NYC Casino Ambitions Are Part Of A Diversification Strategy

Zenger

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3 Stocks You Can Buy to Supercharge Your Portfolio Right Now

The U.S. economy expanded in the third quarter, providing some relief amid the widespread recession fears. Moreover, with the latest job report showing an increase in unemployment, there are hopes of a slowing pace of rate hikes. We think this could be the right time to scoop up fundamentally strong…

StockNews.com

3 Growth Stocks Investors Need to Snatch up Fast

The Fed’s aggressive rate hikes are increasing the possibility of an economic recession. However, analysts think it is better to stay invested. Hence, we think it could be wise to add fundamentally sound growth stocks Alpha Metallurgical (AMR), Cenovus Energy (CVE), and Diamondback Energy (FANG) to your portfolio now. Keep…

StockNews.com

Equinor (EQNR) Scores Deal To Acquire East Point Energy

Equinor ASA EQNR entered an agreement to acquire battery storage developer East Point Energy LLC, marking its entry into the U.S. power market through flexible assets. The agreement backs Equinor's strategy of a clean energy economy and would provide a forum to expand its contributions in the United States.

Benzinga

Up More Than 50% YTD, is Cenovus Energy Still a Buy?

Canadian oil and gas producer Cenovus Energy (CVE) is up more than 50% this year on the back of surging energy prices. Wall Street analysts believe the company to grow faster than its industry peers. CVE seems to be an attractive bet. So, read on to learn more about the…

StockNews.com

Why Cenovus Energy Shares Are Trading Higher Today

Cenovus Energy Inc (NYSE:CVE) (TSX:CVE) reported a first-quarter basic EPS of C$0.81 compared to C$0.10 in 1Q21. Q1 total revenues increased to C$16.2 billion from C$13.7 billion in the previous quarter, driven by higher average realized sales prices for the company's products across the Upstream and Downstream businesses. The total operating margin was…

Benzinga

Cenovus Suspends WTI Crude Oil Price Risk Management Program

Cenovus Energy Inc (NYSE:CVE) has suspended its crude oil price risk management activities related to West Texas Intermediate (WTI). CVE noted that these programs are no longer needed to support financial resilience, reflecting its strong balance sheet and liquidity position. Cenovus will remain well-positioned to generate significant free funds flow over the long…

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