| Cenovus Energy Q1 Earnings Beat on Higher Upstream Production |
CVE Q1 earnings gain on higher contributions from the Oil Sands, Conventional, and Offshore units. However, revenues witness a year-over-year decline. |
zacks.com |
2025-05-12 13:51:09 |
Czytaj oryginał (ang.) |
| Cenovus reports voting results of annual meeting of shareholders |
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 8, 2025. Each matter voted on is described in greater detail in the Corporation's 2025 Management Information Circular dated March 12, 2025. |
globenewswire.com |
2025-05-09 02:30:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy Inc. (CVE) Q1 2025 Earnings Call Transcript |
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. |
seekingalpha.com |
2025-05-08 18:50:27 |
Czytaj oryginał (ang.) |
| Cenovus (CVE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
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. |
zacks.com |
2025-05-08 14:36:03 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Tops Q1 Earnings Estimates |
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. |
zacks.com |
2025-05-08 12:30:39 |
Czytaj oryginał (ang.) |
| Cenovus announces first-quarter 2025 results |
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2025 financial and operating results. The company generated more than $1.3 billion in cash from operating activities, $2.2 billion of adjusted funds flow and $983 million of free funds flow. Operating results in the quarter were strong, with Upstream production increasing to 818,900 barrels of oil equivalent per day (BOE/d)1 while Downstream crude throughput was 665,400 barrels per day (bbls/d), representing an overall utilization rate of 92%. |
globenewswire.com |
2025-05-08 10:00:00 |
Czytaj oryginał (ang.) |
| Watch These 4 Energy Stocks for Q1 Earnings: Beat or Miss? |
Here's a preview of what to expect from energy stocks LNG, CNQ, CVE and BRY ahead of their quarterly earnings reports, set to be released tomorrow. |
zacks.com |
2025-05-07 14:15:49 |
Czytaj oryginał (ang.) |
| Insights Into Cenovus (CVE) Q1: Wall Street Projections for Key Metrics |
Besides Wall Street's top -and-bottom-line estimates for Cenovus (CVE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025. |
zacks.com |
2025-05-06 14:20:58 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Exceeds Market Returns: Some Facts to Consider |
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $11.97, denoting a +1.7% change from the preceding trading day. |
zacks.com |
2025-05-01 23:20:33 |
Czytaj oryginał (ang.) |
| Cenovus to hold first-quarter 2025 conference call and webcast and 2025 Annual Meeting of Shareholders on May 8 |
CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its first-quarter 2025 results on Thursday, May 8, 2025. The news release will provide consolidated first-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com. |
globenewswire.com |
2025-05-01 20:28:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy: An Acquisition And Potential Tariff Exposure |
Cenovus Energy acquired Gear Energy's heavy oil assets for C$110 million. The company faces tariff threats due to its significant refining capacity in the U.S. Tariffs could disrupt cost-efficient industry practices, raising costs for American consumers and affecting the balance of payments. |
seekingalpha.com |
2025-04-29 14:27:12 |
Czytaj oryginał (ang.) |
| Cenovus: Despite Lower Expected Oil Prices, Excellent Growth Potential With Reasonable Debt |
The company expects to increase its production at a 4.40% CAGR between 2024 and 2028. Cenovus has a reasonable debt level. In 2024, it reported a 47.35% liabilities-to-assets ratio. The first DCF model suggests that the company is undervalued by 81.71%, while the pessimistic DCF valuation indicates that CVE is overvalued by 19.63%. |
seekingalpha.com |
2025-04-29 10:36:07 |
Czytaj oryginał (ang.) |
| Cenovus Energy's Partnership with Skills/Compétences Canada highlights commitment to Youth Development in Skilled Trades and Technologies |
Cenovus Continues its Multi-Year Support of the Skills Canada National Competition Cenovus Continues its Multi-Year Support of the Skills Canada National Competition |
globenewswire.com |
2025-04-22 13:02:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy: One Of The Best Times To Buy |
Cenovus Energy offers a strong investment opportunity with a low-cost production base, robust balance sheet, and improving downstream performance. Major capital projects nearing completion, such as Narrow Lake and West White Rose, position CVE for significant production and earnings growth. Management's commitment to shareholder returns through growing dividends and share buybacks enhances CVE's appeal for long-term value and income investors. |
seekingalpha.com |
2025-04-02 14:17:40 |
Czytaj oryginał (ang.) |
| Cenovus refinery in Toledo, Ohio, plans to shut multiple units for 6 weeks of work, source says |
Cenovus will begin planned maintenance work on multiple units at its 160,000-barrel-per-day refinery in Toledo, Ohio in mid April, a source familiar with plant operations said on Thursday. |
reuters.com |
2025-03-27 18:20:14 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Advances But Underperforms Market: Key Facts |
Cenovus Energy (CVE) concluded the recent trading session at $14.30, signifying a +1.2% move from its prior day's close. |
zacks.com |
2025-03-24 21:20:26 |
Czytaj oryginał (ang.) |
| Cenovus Energy: Free Cash Flow Is Second Half Loaded |
The Series 5 preferred will be redeemed. This cuts the amount of preferred outstanding roughly in half when combined with the Series 3 redemption. The net debt level needs to decline to the C$4 billion level again. The capital budget is front end loaded. Therefore, free cash flow will be higher in the second half of the fiscal year. |
seekingalpha.com |
2025-03-24 16:44:30 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Suffers a Larger Drop Than the General Market: Key Insights |
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $13.07, denoting a -1.13% change from the preceding trading day. |
zacks.com |
2025-03-13 21:20:28 |
Czytaj oryginał (ang.) |
| Down, But Not Out: My Favorite Energy Stocks For Income And Growth |
President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, my long-term oil thesis remains strong. U.S. producers remain competitive, and global demand continues to grow, supporting energy investments. I focus on high-quality oil and gas stocks with strong balance sheets, low breakeven prices, and deep reserves. These companies offer stability and long-term upside. |
seekingalpha.com |
2025-03-11 09:30:00 |
Czytaj oryginał (ang.) |
| 2 Energy Stocks to Play Both Sides of Tariff Uncertainty |
President Trump's 25% import tariffs on Mexico and Canada and an additional 10% tariff on China are causing investors to seek shelter from the potential fallout. Canada is of particular concern since it is a top supplier of energy to the United States, including crude oil and natural gas. |
marketbeat.com |
2025-03-05 10:34:03 |
Czytaj oryginał (ang.) |
| I'm Buying Magnificent Dividends Up To 9% Yield |
A contrarian mindset can help dividend investors find bargains, with Crescent Capital BDC and Cenovus Energy offering high yields after recent price drops. Crescent Capital BDC carries a diversified debt portfolio, strong dividend coverage, and a safe leverage profile, making it a compelling buy at a 9% discount to book value. Cenovus Energy's integrated operations and cost optimization efforts position it for long-term growth, with plans to return 100% of excess free cash flow to shareholders. |
seekingalpha.com |
2025-02-27 10:15:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy announces redemption of Series 5 Preferred Shares |
CALGARY, Alberta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company's 4.591% Series 5 Preferred Shares (the “Series 5 Preferred Shares”) on March 31, 2025 (the “Redemption”). All 8 million Series 5 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $200 million, less required withholdings, if any, funded primarily from cash on hand. |
globenewswire.com |
2025-02-27 08:00:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy Q4 Earnings & Revenues Miss Estimates |
CVE's Q4 earnings and revenues lag estimates on lower contributions from key units. Both the top and bottom lines decrease year over year. |
zacks.com |
2025-02-26 10:35:26 |
Czytaj oryginał (ang.) |
| Cenovus: Bargain With An Excellent Shareholder Yield |
CVE is cheap due to worries about tariffs, even though those are far from guaranteed. The company should see better free cash generation this year. CVE trades at a very undemanding valuation right now and offers a compelling shareholder yield. |
seekingalpha.com |
2025-02-22 10:15:16 |
Czytaj oryginał (ang.) |
| Cenovus Energy: Weak Quarter Is The Time To Buy |
Cenovus Energy reported a weak quarter. Concerns include refining issues and increased debt amid negative free cash flow. Both Toledo and Superior refineries improved operations. The startup expenses have now ceased for both. |
seekingalpha.com |
2025-02-22 01:15:18 |
Czytaj oryginał (ang.) |
| Cenovus Energy Inc. (CVE) Q4 2024 Earnings Call Transcript |
Cenovus Energy Inc. (NYSE:CVE ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Patrick Read - VP, IR Jon McKenzie - CEO Kam Sandhar - EVP, Strategy and Corporate Development Keith Chiasson - EVP, Downstream Geoff Murray - EVP, Commercial Conference Call Participants Menno Hulshof - TD Securities Dennis Fong - CIBC World Market Greg Pardy - RBC Capital Markets, Philippines Neil Mehta - Goldman Sachs John Royall - JPMorgan Dennis Fong - CIBC World Markets Manav Gupta - UBS Chris Barko - Calgary Herald Operator Good morning, ladies and gentlemen. Welcome to Cenovus Energy's Fourth Quarter and Full Year 2024 Results Conference Call. |
seekingalpha.com |
2025-02-20 17:38:26 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Q4 Earnings and Revenues Lag Estimates |
Cenovus Energy (CVE) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.29 per share a year ago. |
zacks.com |
2025-02-20 10:35:22 |
Czytaj oryginał (ang.) |
| Canada's Cenovus Energy quarterly profit falls on weak oil prices |
Canadian oil and gas producer Cenovus Energy posted a fall in fourth-quarter profit on Thursday, as lower commodity prices and weak refining margins offset higher production. |
reuters.com |
2025-02-20 08:19:26 |
Czytaj oryginał (ang.) |
| Cenovus Announces Fourth-Quarter and Full-Year 2024 Results |
CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its fourth-quarter and full-year 2024 financial and operating results. In the quarter, the company generated over $2.0 billion in cash from operating activities, $1.6 billion of adjusted funds flow and $123 million of free funds flow. The Upstream business continued to deliver strong performance, with production of 816,000 barrels of oil equivalent per day (BOE/d)1 in the quarter, including a new quarterly Oil Sands production record of 628,500 BOE/d. In the Downstream, total crude throughput increased by almost 24,000 barrels per day (bbls/d) from the previous quarter to 666,700 bbls/d, representing an aggregate utilization rate of 93%. |
globenewswire.com |
2025-02-20 08:00:00 |
Czytaj oryginał (ang.) |
| Stay Ahead of the Game With Cenovus (CVE) Q4 Earnings: Wall Street's Insights on Key Metrics |
Evaluate the expected performance of Cenovus (CVE) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. |
zacks.com |
2025-02-19 12:20:39 |
Czytaj oryginał (ang.) |
| Wall Street's Insights Into Key Metrics Ahead of Cenovus (CVE) Q4 Earnings |
Besides Wall Street's top -and-bottom-line estimates for Cenovus (CVE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024. |
zacks.com |
2025-02-17 12:21:15 |
Czytaj oryginał (ang.) |
| Curious about Cenovus (CVE) Q4 Performance? Explore Wall Street Estimates for Key Metrics |
Get a deeper insight into the potential performance of Cenovus (CVE) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2025-02-14 12:21:27 |
Czytaj oryginał (ang.) |
| Cenovus to hold fourth-quarter and full-year conference call and webcast on February 20 |
CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its fourth-quarter and full-year 2024 results on Thursday, February 20, 2025. The news release will provide consolidated fourth-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com. |
globenewswire.com |
2025-02-13 18:30:00 |
Czytaj oryginał (ang.) |
| Earnings Preview: Cenovus Energy (CVE) Q4 Earnings Expected to Decline |
Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-13 13:07:10 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Beats Stock Market Upswing: What Investors Need to Know |
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $15.50, denoting a +1.97% change from the preceding trading day. |
zacks.com |
2025-02-11 21:21:31 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Rises Higher Than Market: Key Facts |
In the latest trading session, Cenovus Energy (CVE) closed at $15.06, marking a +0.53% move from the previous day. |
zacks.com |
2025-02-05 21:20:28 |
Czytaj oryginał (ang.) |
| Cenovus Energy: Tariff Fears Are Overblown, Loading Up On This Gem |
Cenovus Energy's integrated upstream and downstream operations ensure resilience against market volatility, leading to strong cash flows and consistent financial results. The market is overestimating potential tariffs from the Trump administration, creating a near once-in-a-lifetime buying opportunity for this high-quality business. CVE's oil sands assets have low operating costs and industry-leading efficiency, promising significant capital returns and a sustainable dividend yield of 3.94%. |
seekingalpha.com |
2025-01-23 15:23:26 |
Czytaj oryginał (ang.) |
| Buy The Drop On These Amazing Dividend Bargains |
There is always something on sale, with now being a good time to pick up select names in the energy sector for high yields and value. Cenovus Energy is a Canadian oil and gas giant with integrated operations, offering strong cash flows, disciplined capital allocation, and robust capital returns to shareholders. Plains All American is a large midstream company with extensive infrastructure, strong operational efficiencies, and high yields, benefiting from growth in Permian Basin volumes. |
seekingalpha.com |
2024-12-31 10:00:00 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for November 19th |
FRO, DHT and CVE have been added to the Zacks Rank #5 (Strong Sell) List on November 19, 2024. |
zacks.com |
2024-12-19 09:26:07 |
Czytaj oryginał (ang.) |
| Cenovus Energy Outlines 2025 Growth Plan With $5 Billion Budget |
CVE reveals its 2025 plan with up to $5 billion in investments, growth in upstream and downstream operations, key project advancements and enhanced shareholder returns. |
zacks.com |
2024-12-13 10:51:12 |
Czytaj oryginał (ang.) |
| Cenovus announces 2025 capital budget and corporate guidance |
CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its 2025 corporate guidance, which includes capital investment of $4.6 billion to $5.0 billion, delivering upstream production of 805,000 barrels of oil equivalent per day (BOE/d) to 845,000 BOE/d and downstream crude unit utilization of 90% to 95%. Capital investment in 2025 will include about $3.2 billion of sustaining capital to maintain base production and support continued safe and reliable operations, with an additional $1.4 billion to $1.8 billion directed towards advancing the company's upstream growth projects. Cenovus's disciplined capital plan and strong emphasis on cost control will support continued returns to shareholders of 100% of excess free funds flow (EFFF) over time while maintaining net debt near $4.0 billion. |
globenewswire.com |
2024-12-12 08:00:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy: Well-Positioned For Strong Capital Returns |
Cenovus Energy offers a compelling value and income growth opportunity, trading near its 52-week low with a forward P/E of 10.5. CVE's integrated operations, disciplined capital allocation, and strong balance sheet underpin its appeal, with plans to return excess free cash flow to shareholders. Significant production ramp-ups from projects like Christina Lake and West White Rose position CVE for long-term growth despite near-term headwinds from lower commodity prices. |
seekingalpha.com |
2024-12-05 10:00:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy: Even More Attractive |
Cenovus Energy's shares have declined, but the company is ramping up cash returns to shareholders, leading to a fast-growing shareholder yield. A favorable US administration, undemanding valuation, and positive business growth outlook make Cenovus Energy an attractive investment. Cenovus generated strong cash flows despite low oil prices, with a 25% operating cash flow yield and an 8x free cash flow multiple. |
seekingalpha.com |
2024-12-03 08:52:09 |
Czytaj oryginał (ang.) |
| Cenovus Energy announces redemption of Series 3 Preferred Shares |
CALGARY, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company's 4.689% Series 3 Preferred Shares (the “Series 3 Preferred Shares”) on December 31, 2024 (the “Redemption”). All 10 million Series 3 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $250 million, less required withholdings, if any, funded primarily from cash on hand. |
globenewswire.com |
2024-11-25 08:00:00 |
Czytaj oryginał (ang.) |
| Cenovus: Record Valuation Discount Could Set Up Strong Returns |
Cenovus delivered a solid Q3 with upstream production above expectations as the turnaround at Christina Lake was finished ahead of time. Downstream remains a drag on group performance, yet management is actively adressing challenges, with key work at its Lima refinery done during the turnaround and feedstock cost effects likely easing. With relative valuation at its lowest in several years, we reiterate shares at Overweight and a ~84% upside to our US$30/sh price target. |
seekingalpha.com |
2024-11-20 04:35:51 |
Czytaj oryginał (ang.) |
| 3 Under-the-Radar Oil Stocks to Keep Your Eye On |
A second Trump administration is likely to affect most, if not all, corners of the stock market, there are few areas expected to be impacted as significantly as the energy sector. |
marketbeat.com |
2024-11-19 09:00:12 |
Czytaj oryginał (ang.) |
| Cenovus Energy announces renewal of share buyback program |
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that the Toronto Stock Exchange (“TSX”) has approved the renewal of the company's normal course issuer bid (“NCIB”) to purchase up to 127,489,549 common shares during the 12-month period commencing November 11, 2024 and ending November 10, 2025. |
globenewswire.com |
2024-11-07 08:00:00 |
Czytaj oryginał (ang.) |
| Cenovus Energy: The Optimization Continues |
Cenovus Energy should perform better as an integrated company than it did in the past when the business was mostly upstream during cyclical downturns. Earnings showed improvement over the past. The progress will become significant to the market. Heavy Oil and Oil Sands offer the most significant cost reduction potential. |
seekingalpha.com |
2024-11-01 21:38:49 |
Czytaj oryginał (ang.) |
| Cash-Flow Gusher: Why Cenovus Remains One Of My Favorite Energy Plays |
Canada's rich reserves and export growth make Cenovus Energy a compelling dividend stock, especially with rising U.S. demand and expanded access to Asian markets. Cenovus' integration of upstream and downstream assets strengthens its profitability. Strategic pipelines and refinery access further boost its long-term value. With steady cash flow, a solid balance sheet, and aggressive shareholder returns, CVE is well-positioned for growth, making it a key pick for dividend income. |
seekingalpha.com |
2024-11-01 16:20:13 |
Czytaj oryginał (ang.) |
| Cenovus Energy Q3 Earnings Miss Estimates on Lower Production |
CVE's Q3 earnings lag estimates but revenues beat the same. Both the top and bottom lines decrease year over year. |
zacks.com |
2024-11-01 13:20:27 |
Czytaj oryginał (ang.) |
| Cenovus Energy Inc. (CVE) Q3 2024 Earnings Conference Call Transcript |
Cenovus Energy Inc. (NYSE:CVE ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Patrick Read - VP, IR Jon McKenzie - CEO Kam Sandhar - EVP, Strategy and Corporate Development Keith Chiasson - EVP, Downstream Geoff Murray - EVP, Commercial Conference Call Participants Dennis Fong - CIBC World Markets Greg Pardy - RBC Capital Markets John Royall - JPMorgan Menno Hulshof - TD Securities Neil Mehta - Goldman Sachs Manav Gupta - UBS Travis Wood - National Bank Financial Patrick O'Rourke - ATB Capital Markets Operator Good morning, ladies and gentlemen. Welcome to Cenovus Energy's Third Quarter Results Conference Call. |
seekingalpha.com |
2024-10-31 15:07:12 |
Czytaj oryginał (ang.) |
| Cenovus Energy (CVE) Misses Q3 Earnings Estimates |
Cenovus Energy (CVE) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.72 per share a year ago. |
zacks.com |
2024-10-31 10:21:07 |
Czytaj oryginał (ang.) |
| Cenovus announces third quarter 2024 results |
CALGARY, Alberta, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its financial and operating results for the third quarter of 2024. The company generated nearly $2.5 billion in cash from operating activities, $2.0 billion of adjusted funds flow and $614 million of free funds flow in the quarter. Upstream production of more than 771,000 barrels of oil equivalent per day (BOE/d)1 was slightly lower compared with the second quarter primarily because of turnaround activity at the Christina Lake oil sands facility. Turnaround impacts to production were lower than forecast, as Christina Lake completed its turnaround ahead of schedule. In the downstream, total throughput increased by about 20,000 barrels per day (bbls/d) from the second quarter to almost 643,000 bbls/d, and a major turnaround was successfully completed at the Lima Refinery. |
globenewswire.com |
2024-10-31 08:00:00 |
Czytaj oryginał (ang.) |
| Analysts Estimate Cenovus Energy (CVE) to Report a Decline in Earnings: What to Look Out for |
Cenovus (CVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-24 15:06:18 |
Czytaj oryginał (ang.) |
| Cenovus to hold third-quarter conference call and webcast on October 31 |
CALGARY, Alberta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its third-quarter 2024 results on Thursday, October 31. The news release will provide consolidated third-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com. |
globenewswire.com |
2024-10-24 10:00:00 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for October 18th |
CVE, AGCO and KD have been added to the Zacks Rank #24 (Strong Sell) List on October 18, 2024. |
zacks.com |
2024-10-18 12:20:23 |
Czytaj oryginał (ang.) |
| Analysts identify attractively priced oil levered companies amid Middle East tensions |
Amid geopolitical tensions in the Middle East, Jefferies analysts have highlighted oil levered companies that have underperformed, and therefore are attractively priced. In recent developments, Iran launched an estimated 181 ballistic missiles at Israel last Tuesday, prompting speculation about the potential consequences, with expectations that Israel will respond. |
proactiveinvestors.com |
2024-10-07 16:54:57 |
Czytaj oryginał (ang.) |