8.03 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||8.03 x 28000|
|Ask||8.36 x 1000|
|Day's Range||7.80 - 8.38|
|52 Week Range||7.09 - 11.47|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.15 (1.84%)|
|1y Target Est||10.85|
Record low Canadian oil prices are hurting local producers, and Cenovus Energy, one of the large producers is now calling for a production cap
NEW YORK, Nov. 08, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
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.
CALGARY, Alberta, Oct. 24, 2018 -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its third-quarter 2018 results on Wednesday, October 31, 2018. The news release will.
NEW YORK, Oct. 17, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Moody's Investors Service ("Moody's") upgraded Cenovus Energy Inc.'s (Cenovus) Corporate Family Rating (CFR) and senior unsecured notes ratings to Ba1 from Ba2, and its Probability of Default rating to Ba1-PD from Ba2-PD. "The upgrade in Cenovus' ratings reflects improving leverage, with substantial expected free cash flow supporting debt reduction and driving RCF/debt towards 35% in 2019," said Terry Marshall, Moody's Senior Vice President. ....Senior Unsecured Regular Bond/Debenture, Upgraded to Ba1 (LGD4) from Ba2 (LGD4) Outlook Actions: ..Issuer: Cenovus Energy Inc. ....Outlook, Remains Stable Affirmations: ..Issuer: Cenovus Energy Inc.
Despite tepid performance during the first six months of the year, the Morningstar Global Markets Index was up more than 4% for the year to date through September, thanks largely to a decent third-quarter showing. M&A activity has been robust, as leading players try to compensate for sluggish organic growth.
Cenovus Energy (CVE) to transport oil to the markets with higher commodity price, courtesy of the railway transportation deals.
Cenovus Energy Inc. (CVE.TO) (CVE) has signed three-year deals with major rail companies to transport approximately 100,000 barrels per day (bbls/d) of heavy crude oil from northern Alberta to various destinations on the U.S. Gulf Coast.
NEW YORK, Aug. 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Chesapeake ...
Cenovus (CVE) reveals that the to-be-divested Pipestone business produced 8,800 barrels of oil equivalent per day (BOE/d) through the January-to-June period of 2018.
Cenovus Energy enters into an agreement to sell the general partnership that holds the Pipestone and Wembley natural gas and liquids business in northwestern Alberta.
The Calgary, Alberta-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 19 cents per share. The results fell ...
Cenovus Energy reported a quarterly loss on Thursday, as the Canadian oil producer sold off some of its assets to reduce debt. The Calgary, Alberta-based company has cut jobs, sold off assets and named ...