The Latest Breaking News from CVE

Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years by 12.09% on an annualized basis producing an average annual return of 22.12%. Currently, Cenovus Energy has a market capitalization of $40.57 billion.

Someone with a lot of money to spend has taken a bearish stance on Cenovus Energy (NYSE:CVE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years by 3.31% on an annualized basis producing an average annual return of 14.99%. Currently, Cenovus Energy has a market capitalization of $38.35 billion.

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…

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…

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…