|Bid||18.17 x 1100|
|Ask||18.70 x 1300|
|Day's Range||18.10 - 18.68|
|52 Week Range||7.20 - 24.91|
|Beta (5Y Monthly)||3.25|
|PE Ratio (TTM)||54.78|
|Earnings Date||Feb 07, 2022 - Feb 11, 2022|
|Forward Dividend & Yield||0.33 (1.71%)|
|Ex-Dividend Date||Sep 14, 2022|
|1y Target Est||25.60|
BP PLC’s (NYSE: BP) crude refining business in the U.S. is shrinking now that the London-based supermajor has agreed to sell its stake in a Toledo, Ohio, refinery to its joint venture partner. Calgary-based Cenovus Energy Inc. (NYSE: CVE) agreed to pay about $300 million in cash to buy out BP’s 50% stake in the 160,000-barrels-per-day refinery, known as BP-Husky Toledo Refinery, the companies said Aug. 8. At that point, Cenovus will own and operate the entire refinery, which had been a joint venture between BP and Husky Energy Inc., another Canadian oil company, since 2008.
Higher daily oil sand production aids Cenovus' (CVE) earnings in Q2.
Canadian Natural's (CNQ) second-quarter earnings and sales beat the consensus mark due to high energy prices and increased production.