Cenovus Energy: Doubts Creep In
The stock price took years to respond to the profitability improvements made after the acquisition of the ConocoPhillips Partnership interest. It is therefore not surprising that the stock has not responded to more cash available to return to shareholders in the near future, even after the 29% dividend increase. The refining business should show profitability growth both this fiscal year and for at least a couple more years.
Why Cenovus Energy (CVE) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cenovus Energy (CVE) have what it takes?
Cenovus Energy (CVE) Stock Slides as Market Rises: Facts to Know Before You Trade
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $19.17, denoting a -0.57% change from the preceding trading day.
The Negativity Toward Cenovus Energy Is Overdone
Cenovus Energy Inc. has underperformed its peers. We expect near-term catalysts to improve sentiment and push Cenovus Energy shares higher over the coming months. Longer-term gains will come from the company's powerful economic model and higher oil prices.
Cenovus Energy (CVE) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Cenovus Energy (CVE) closed at $19.06 in the latest trading session, marking a -0.31% move from the prior day.
Canada's oil sands CEOs push back against proposed oil and gas emissions cap
Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa on Thursday.
Cenovus Energy: 29% Dividend Hike Is Just The Beginning
Cenovus Energy has raised its dividend by 29% due to declining debt levels and strong free cash generation. The company's oil sands operations generate attractive cash flows with low break-even costs. Cenovus plans to increase production and expects to grow its dividend at an annual rate of 13-14% in the coming years.
Cenovus (CVE) Up 0.1% Since Last Earnings Report: Can It Continue?
Cenovus (CVE) reported earnings 30 days ago. What's next for the stock?
