CVE
NYSE · Energy
Cenovus Energy Inc
$30.94
-0.38 (-1.21%)
CVE News12 articles
Alberta Independence Cost Estimate: Up to C$170B in First Five Years
Alberta's commissioned report estimates first five years of independence cost C$50B-C$170B, with debt soaring to 88.5% of GDP. October 19 referendum looms.
Canada's Gasoline Prices Dip 2.2 Cents, But Oil Stocks Face Bigger Tests
Canada's average gasoline price fell 2.2 cents, but investors should watch refining margins and crude prices, not just pump prices, for Suncor, Imperial, and Cenovus.
GTA Fuel Prices Split: Gasoline Drops, Diesel Surges in Market Signal
Toronto-area gasoline falls 7 cents Friday, but diesel's 9-cent jump highlights supply-chain cost pressures. The divergence is a key signal for investors watching inflation and energy stocks.
Trans Mountain's Asia Forecast: Tanker Routes, Not Total Exports
Trans Mountain's Asia forecast refers to tanker loadings, not total Canadian exports. The planned 300,000 b/d expansion could still ease the WCS discount.
Keystone XL Revival: Prairie Connector Faces 550K bpd Hurdle
South Bow's Prairie Connector, a scaled-down Keystone XL revival, faces political risk and 550,000 bpd capacity questions amid U.S.-Canada trade tensions.
Cenovus Slides on Oil Price Drop Despite TSX Record
Cenovus Energy shares fell 4.3% on Monday as oil prices dropped on renewed hopes for a U.S.-Iran deal, while the TSX Composite hit a record high.
Whitecap Resources Dips on Oil Price Plunge Despite Buyback Initiation
Whitecap Resources stock dropped 3.45% on Monday as oil prices fell sharply, with the TSX energy sector down 2.1%. The company's new buyback plan started amid the selloff.
CNQ Slips 3% as TSX Hits Record; Oil Tumbles on Iran Talks
Canadian Natural Resources shares fell 3.16% on Monday, underperforming the TSX's record run, as oil prices tumbled 5% amid U.S.-Iran negotiations. The stock closed at C$65.12.
Brent Crude Surges Past $105 on Hormuz Supply Concerns
Brent crude rose 3.2% to $105.88 on Friday as traders doubted a swift U.S.-Iran deal would restore oil flows through the Strait of Hormuz. The IEA warned of a potential supply red zone by August.
Cenovus Energy Gains Pre-Earnings as MEG Integration Takes Spotlight
Cenovus Energy shares rose 2.9% to C$40.96 ahead of Q1 results, as CIBC reaffirmed an outperform rating and a C$46 target, highlighting the first full quarter with MEG Energy assets.
Cenovus Energy Reaches 52-Week Peak Amid Oil Supply Fears
Cenovus Energy shares climbed 4.6% to C$32.18, hitting a 52-week high as crude prices neared $100 a barrel. The company projects 2026 upstream output could reach 985,000 barrels of oil equivalent per day.
Cenovus Energy Reaches 52-Week Peak Amid Oil Price Surge
Cenovus Energy shares surged to a 52-week high as Brent crude oil prices topped $100 per barrel, driven by renewed Middle East conflicts. The company's significant debt and planned operational turnarounds underscore its exposure to volatile energy markets.