The Latest Breaking News from CVE

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…

A whale with a lot of money to spend has taken a noticeably bullish stance on Cenovus Energy. Looking at options history for Cenovus Energy (NYSE:CVE) we detected 12 strange trades.

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…

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…

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…

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…

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.

A whale with a lot of money to spend has taken a noticeably bullish stance on Cenovus Energy. Looking at options history for Cenovus Energy (NYSE:CVE) we detected 15 strange trades.

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 12.2% on an annualized basis producing an average annual return of 22.06%. Currently, Cenovus Energy has a market capitalization of $46.36 billion.