Cenovus Energy (CVE) closed at $14.83 in the latest trading session, marking a +2.84% move from the prior day.
Cenovus Energy fully restores production at its key Christina Lake site after wildfire-related shutdowns in Alberta.
CVE CEO defends Canada's vital oil role in U.S. energy supply, urging policy reform over tariff retaliation amid rising tensions.
The U.S. is still reliant on Canadian oil imports, despite claims made by U.S. President Donald Trump, Cenovus Energy's CEO said on Tuesday at a conference in Calgary, Alberta.
Even pros can't beat the market. Forecasts fail, fees pile up, and short-term thinking hurts returns. So I stick to quality dividend stocks. I found two high-conviction dividend stocks that the market is underpricing. Both offer strong income and long-term upside if my thesis plays out. They aren't perfect, but that's where the opportunity lies. I believe the market's pessimism is overdone, and the reward outweighs the risk.
Cenovus Energy's rapidly growing dividend is well-supported by integrated operations and low-cost thermal assets. Preferred share retirement, growing dividends, and share buybacks highlight strong shareholder returns. There is financial flexibility to sustain dividends and capital spending.
Cenovus Energy offers disciplined growth, low-cost operations, and rising shareholder returns through aggressive buybacks and a growing dividend. Production is set to grow by 40% per share, with major projects—Narrow Lake and West White Rose—driving long-term output and cash flow. CVE trades at a discount to peers despite its production-per-share growth potential and share buybacks, making it a 'Buy'.
While the top- and bottom-line numbers for Cenovus (CVE) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CVE Q1 earnings gain on higher contributions from the Oil Sands, Conventional, and Offshore units. However, revenues witness a year-over-year decline.
Cenovus Energy Inc. (NYSE:CVE ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Patrick Read – Vice President, Investor Relations and Internal Audit Jon McKenzie – Chief Executive Officer Kam Sandhar – Chief Financial Officer Geoff Murray – Executive Vice-President, Commercial Conference Call Participants Greg Pardy – RBC Capital Markets Dennis Fong – CIBC Menno Hulshof – TD Securities Neil Mehta – Goldman Sachs John Royall – JPMorgan Patrick O'Rourke – ATB Capital Markets Manav Gupta – UBS Chris Varcoe – Calgary Herald Alex Bill – allNewfoundlandLabrador Operator Good morning, ladies and gentlemen. Thank you for standing by, and welcome to Cenovus Energy's First Quarter 2025 Results Conference Call.
While the top- and bottom-line numbers for Cenovus (CVE) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cenovus Energy (CVE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.46 per share a year ago.