7.58 0.00 (0.00%)
After hours: 4:34PM EST
|Bid||7.44 x 900|
|Ask||7.59 x 2900|
|Day's Range||7.49 - 7.82|
|52 Week Range||6.15 - 11.47|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.15 (1.84%)|
|1y Target Est||10.85|
HENDERSON, NV / ACCESSWIRE / January 22, 2019 / Energy stocks have had a rough go of it for the past 2 years. However, there is a good argument to be made that they have been a bit oversold - with oil ...
Apart from the capex cut, Crescent Point (CPG) also slashes its dividend payout from 3 cents a month to just a penny every quarter, representing a massive decline of 89%.
HENDERSON, NV / ACCESSWIRE / January 3, 2019 / Energy is still one of the most profitable areas of the stock market. As demand for oil continues to trend upward, topping 100 million barrels per day this ...
While there is much ambiguity relating to the Canadian oil industry as of now, the tide may turn for the country in the long term.
A major chunk (almost 53% or C$900 million) of Pembina's (PBA) projected capital expenditure for 2019 is likely to be allocated toward its Pipelines Division.
Canada's Cenovus Energy Inc said on Tuesday it would cut its capital spending for 2019 by 4 percent amid a broader turnaround plan, but raised its oil sands production forecast. The company said it plans to invest between C$1.2 billion ($901.1 million) and C$1.4 billion in 2019, with the majority of the budget going to its Foster Creek and Christina Lake oil sands operations. Cenovus raised its 2019 oil sands production forecast by 3 percent to a range of 377,000 barrels per day (bpd) to 395,000 bpd as it expects increased activity at its Christina Lake operations in Alberta.
The chief executive of Cenovus Energy Inc said on Monday that he expects the company to invest some C$1.5 billion ($1.1 billion) in 2019, in line with 2018 capital spending, after the Alberta government's mandated oil output cuts boosted Canadian crude prices. "My company will have a capital program that looks pretty similar to the program we had last year," Alex Pourbaix said in an interview.
Cenovus (CVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, NY / ACCESSWIRE / November 30, 2018 / U.S. markets closed lower on Thursday as investors await details from this weekend's trade meeting between President Trump and Chinese President Xi Jinping. ...
Record low Canadian oil prices are hurting local producers, and Cenovus Energy, one of the large producers is now calling for a production cap
Canadian oil producer Cenovus Energy Inc said on Wednesday it was limiting output due to severe discounts and the price of domestic heavy crude should rise by mid-2019 as increased rail volumes ease transport bottlenecks. The company did not specify how much production it was restricting, but said it has slowed output at both its Foster Creek and Christina Lake sites.
Canadian oil and gas producer Cenovus Energy Inc expects the spread between Western Canadian Select (WCS) and U.S. benchmark Crude (WTI) to "significantly" ease out by mid 2019, Chief Executive Officer Alex Pourbaix said on a call. Cenovus also expects crude by rail to reach 300,000 barrels per day by the end of this year, the company said on a post-earnings call with analysts on Wednesday.
The Calgary, Alberta-based company said it had a loss of 15 cents per share. The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research ...
Cenovus Energy reported a loss for the third quarter compared with a profit a year earlier, hit by higher expenses and a fall in Canadian crude prices. The company's net loss was C$242 million , or 20 ...
Cenovus Energy Inc. (CVE.TO) (CVE) generated more than $700 million of free funds flow and nearly $1 billion in adjusted funds flow in the third quarter, driven by exceptional operating performance in its oil sands and refining and marketing businesses. Oil sands production exceeded 376,000 barrels per day (bbls/d) with record-low operating costs for the second straight quarter. The company also benefited from a year-over-year increase in the price of Western Canadian Select (WCS), even as the price differential between WCS and West Texas Intermediate (WTI) more than doubled.