Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Cenovus Energy Inc

Phillips 66 To Acquire Cenovus Stake In WRB Refining For $1.4 Billion Cash Deal

Phillips 66 (NYSE:PSX) announced on Tuesday that it will acquire the remaining 50% stake in WRB Refining LP from Cenovus Energy Inc. (NYSE:CVE) for $1.4 billion in cash, giving it full ownership of two U.S. refineries it has operated since 2007.

Benzinga

3 Dividend Growth Stocks That Survived My Brutal Screener

I screened thousands of stocks using strict dividend growth filters. Only three passed that offer a trifecta of yield, stability, and long-term upside potential.

Barchart

3 Energy Stocks Primed for Gains Amid Global Demand

Given increasing geopolitical concerns, rising oil prices, and extending OPEC+ production cuts, the oil and gas market is poised for robust growth. Therefore, fundamentally solid energy stocks Cenovus Energy (CVE), Suncor Energy (SU), and Energy Transfer (ET) could be ideal investment choices. Read more.

StockNews.com

From analysis to the latest developments in health,
read the most diverse news in one place.

3 Oil & Gas Stocks With High Upside Potential

Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is experiencing solid growth. Hence, investing in fundamentally solid oil and gas stocks Schlumberger (SLB), Cenovus Energy (CVE), and APA (APA), which are poised for high upside, could be ideal. Read more.

StockNews.com

3 High-Upside Energy Stocks Based on Analyst Price Targets

With robust demand and supply expectations, geopolitical instability and extended OPEC+ production cuts have positioned the oil and gas market for strong growth. Hence, quality energy stocks Marathon Oil (MRO), Cenovus Energy (CVE), and Energy Transfer (ET) with solid upside could be ideal investment choices. Read more.

StockNews.com

3 Energy Stocks to Buy for Dividends and Growth

Robust global energy production and consumption backed by solid demand and rising prices strengthens the future outlook of energy market. Hence, buying fundamentally solid energy stocks Baker Hughes Company (BKR), Cenovus Energy Inc. (CVE), and Energy Transfer LP (ET) could be ideal for growth. Read more.

StockNews.com

3 Energy Stocks With High Q2 Earnings Growth Estimates

Recent crude oil price surges, robust demand, and supply concerns due to rising geopolitical instability and extended OPEC+ production cuts are creating strong tailwinds for the energy sector. Hence, quality energy stocks, Baker Hughes (BKR), Energy Transfer (ET), and Cenovus Energy (CVE), with high Q2 earnings growth estimates, could be…

StockNews.com

Read news from The Economist, FT, and more,
with one subscription

3 Undervalued Energy Stocks With High Price Targets

Amid rising geopolitical tensions and extended OPEC+ production cuts, oil prices might experience an uptick. Therefore, undervalued energy stocks, Cenovus Energy (CVE), DNOW (DNOW), and MRC Global (MRC), with high price targets, might be ideal additions to your portfolio. Keep reading….

StockNews.com

3 Bargain Oil and Gas Stocks Positioned for Recovery

Amid rising oil prices and promising forecasts for global demand, it could be wise to invest in fundamentally sound energy stocks HF Sinclair Corp. (DINO), Energy Transfer (ET), and Cenovus Energy (CVE) that are trading at a discount to their peers. Read on….

StockNews.com

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

3 Energy Stocks Ready for a May Rally

Higher oil prices amid robust energy demand and supply chain disruptions, aggravated by geopolitical tensions and several technological innovations, are creating tailwinds for the energy sector. Thus, it could be wise to invest in fundamentally sound energy stocks Cenovus Energy (CVE), Repsol (REPYY), and Subsea 7 (SUBCY) poised for a…

StockNews.com

3 Energy Stocks Poised for Rapid Growth in May

Oil and gas prices have been surging lately due to an improving demand outlook and persistent supply risks amid geopolitical tensions, creating tailwinds for the energy sector. Thus, it could be wise to invest in fundamentally sound energy stocks Cenovus Energy (CVE), Weatherford International (WFRD), and Gulf Island Fabrication (GIFI)…

StockNews.com

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

4 Energy Stocks You Can Still Buy for Under $20 in 2022

The G7 imposing price cap on Russian oil could raise energy prices in winter. Moreover, the Biden administration is considering refilling its strategic reserves to support prices. And considering OPEC’s upbeat demand outlook, the energy stocks Cenovus Energy (CVE), Birchcliff Energy (BIREF), Amplify Energy (AMPY), and MV Oil (MVO) which…

StockNews.com

Get all your
news in one place.

100’s of premium titles.
One news app.

StockNews.com

2 Blue Chip Stocks Under $20 to Buy Now

Increasing concerns about a recession due to the Fed’s intention to raise rates aggressively are expected to keep the stock market under pressure. Therefore, it could be wise to invest in fundamentally sound blue-chip stocks Ford Motor (F) and Cenovus Energy (CVE), which are currently under $20, to ensure stable…

StockNews.com

3 Under-the-Radar Oil Stocks Investors Should Consider

Oil prices rebounded yesterday, boosted by the slowdown of inflation. Moreover, oil demand is expected to rise this year amid an already tight market which might increase oil prices further. Amid this, Adams Resources & Energy (AE), TotalEnergies (TTE), and Cenovus Energy (CVE) are flying under the radar, offering good…

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…

Benzinga

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.

Get all your
news in one place.

100’s of premium titles.
One news app.

StockNews.com

5 Outperforming Oil & Gas with More Fuel in the Tank

EU leaders on Monday imposed harsh restrictions on Russian oil exports, which drove oil prices higher. Meanwhile, easing COVID-19 restrictions in China and less oil and gas from other sources amid the Russia-Ukraine war are keeping prices elevated. Amid this, we think oil and gas stocks that have outpaced the…

StockNews.com

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…

Benzinga

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…

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.