Workflow
Cenovus Energy(CVE)
icon
Search documents
Long-Term Reserves and Rising Dividends Strengthen Cenovus Energy’s (CVE) Appeal
Yahoo Finance· 2025-10-30 23:36
Cenovus Energy Inc. (NYSE:CVE) is included among the 15 Dividend Growth Stocks with the Highest Growth Rates. Long-Term Reserves and Rising Dividends Strengthen Cenovus Energy’s (CVE) Appeal Cenovus Energy Inc. (NYSE:CVE) is⁠ a l‍ea⁠ding Canadian​ integrated energy company wi‌th operations‌ covering oi⁠l and gas production, transportation, storag‍e, refining, and m‍ar⁠k‍eting. The company produces abo‍u‌t 815,000 ba⁠rrels⁠ of oi‍l e​quivalent per day, m⁠ainly in Canada. Its refining operations, which ha ...
MEG Energy pauses meeting on Cenovus takeover vote to address 'regulatory inquiry'
Reuters· 2025-10-30 16:15
MEG Energy paused the shareholder meeting to vote on the Cenovus Energy takeover bid on Thursday, to address a "regulatory inquiry" it received on Wednesday evening. ...
Cenovus Energy: Finally A Viable Deal (NYSE:CVE)
Seeking Alpha· 2025-10-28 22:10
Group 1 - Cenovus Energy is making a final effort to secure shareholder approval for its deal with Strathcona, indicating a challenging negotiation process [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] Group 2 - The analysis provided in the article focuses on identifying undervalued companies within the oil and gas sector, examining their balance sheets, competitive positions, and development prospects [1]
Cenovus Energy boosts takeover bid for MEG Energy, wins Strathcona Resources support
Proactiveinvestors NA· 2025-10-27 14:48
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Cenovus Energy further sweetens MEG Energy takeover offer
Reuters· 2025-10-27 10:10
MEG Energy said on Monday Cenovus Energy has further sweetened its takeover offer for the company to C$30.00 per share, ahead of the shareholder vote. ...
Cenovus announces amendment to agreement with MEG Energy and voting support agreement with Strathcona Resources Ltd.
Globenewswire· 2025-10-27 10:00
CALGARY, Alberta, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a second amending agreement in respect of the arrangement agreement dated August 21, 2025 (as amended, the “Agreement”) to acquire MEG Energy Corp. (TSX: MEG) (“MEG”). Under the terms of the Agreement, each MEG shareholder will now have the option to elect to receive, for each MEG common share, (i) $30.00 in cash; or (ii) 1.255 Cenovus common shares, subject to rounding and ...
Cenovus Energy (CVE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-10-24 15:01
Core Insights - Cenovus Energy (CVE) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending September 2025, with earnings expected to be $0.40 per share, reflecting a 29% increase from the previous year, while revenues are projected to be $9.56 billion, down 8.5% from the same quarter last year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for October 31, and the stock may experience upward movement if the reported figures exceed expectations, whereas a miss could lead to a decline [2]. - The consensus EPS estimate has been revised down by 17.81% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Cenovus is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.27%, suggesting a bullish outlook on the company's earnings [12]. - Cenovus holds a Zacks Rank of 1, which, when combined with a positive Earnings ESP, suggests a high likelihood of beating the consensus EPS estimate [10][12]. Historical Performance - In the last reported quarter, Cenovus exceeded the expected earnings of $0.14 per share by delivering $0.33, resulting in a surprise of +135.71% [13]. - Over the past four quarters, Cenovus has beaten consensus EPS estimates in two instances [14]. Conclusion - While the potential for an earnings beat exists, other factors may influence stock performance, and it is advisable to consider the Earnings ESP and Zacks Rank before the earnings release [15][16].
Is Cenovus Energy (CVE) One of the Best Large Cap Stocks to Buy Under $20?
Yahoo Finance· 2025-10-24 12:07
Group 1 - Cenovus Energy Inc. is considered one of the best large-cap stocks to buy under $20, with a current Buy rating and price targets set by analysts at C$28.00 and C$32.00 [1][2] - The recent upgrade by Raymond James reflects the inclusion of the MEG acquisition in Cenovus's financial model, indicating a strong risk-adjusted return potential [2] - Cenovus Energy has announced an Amended Agreement to acquire MEG Energy Corp, which increases the aggregate purchase price compared to the original agreement [2] Group 2 - Cenovus Energy operates in the development, production, refining, transportation, and marketing of crude oil, natural gas, and refined petroleum products across Canada, the US, and China [3]
Cenovus to hold third-quarter 2025 conference call and webcast on October 31
Globenewswire· 2025-10-23 20:30
Core Viewpoint - Cenovus Energy Inc. is set to release its third-quarter 2025 results on October 31, 2025, providing consolidated operating and financial information for the quarter [1]. Group 1: Financial Results Announcement - The third-quarter 2025 results will be available on Cenovus's website [1]. - A conference call for analysts will take place at 9 a.m. MT (11 a.m. ET) on the same day [2]. - Participants must register in advance to join the conference call and will receive a unique PIN for access [2]. Group 2: Company Overview - Cenovus Energy Inc. operates as an integrated energy company with oil and natural gas production in Canada and the Asia Pacific region, along with upgrading, refining, and marketing operations in Canada and the U.S. [4]. - The company emphasizes maximizing value through safe, responsible, and cost-efficient asset development while integrating environmental, social, and governance considerations into its business plans [4]. - Cenovus's common shares and warrants are listed on both the Toronto and New York stock exchanges, with preferred shares listed on the Toronto Stock Exchange [4].
3 Stocks With Upgraded Broker Ratings for Robust Returns
ZACKS· 2025-10-22 14:06
Core Insights - Investor sentiment is currently bullish due to strong third-quarter earnings, despite concerns over a government shutdown and economic data blackout [1] - The Federal Reserve has lowered interest rates in response to a deteriorating labor market, creating challenges for retail investors in stock selection [1] Investment Recommendations - Stocks such as Newmont Corporation (NEM), Commercial Metals Company (CMC), and Cenovus Energy Inc. (CVE) are highlighted as potential investment opportunities [2] - Broker recommendations can provide valuable insights, but should not be the sole basis for investment decisions [4] Stock Performance and Projections - Newmont Corporation is expected to see a 60.1% year-over-year increase in earnings for 2025, with a 4.8% upward revision in broker ratings [7] - Commercial Metals Company is projected to experience a 67.4% increase in earnings for fiscal 2026, with an 8.3% upward revision in broker ratings [9] - Cenovus Energy is forecasted to have a 10.7% rise in earnings for 2025, with a 6.3% upward revision in broker ratings [10] Screening Strategy - A screening strategy is proposed to identify potential winners, focusing on stocks with broker rating upgrades of 1% or more, trading above $5, and an average 20-day volume greater than 100,000 [5] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and a VGM Score of A or B are suggested for better upside potential [6]