Cenovus Stock News

Cenovus Energy (NYSE:CVE) declares CAD 0.035/share quarterly dividend, in line with previous.Forward yield 0.72%Payable March 31; for shareholders of record March 15; ex-div March 14.A…

Cenovus Energy posts wider loss on nearly C$2 billion impairment charge

Cenovus Energy press release (CVE): Q4 GAAP EPS of -C$0.21.Revenue of C$13.7B (+7.9% Q/Q) misses by C$280M. The company generated fourth-quarter cash from operating activities of…

CALGARY, Alberta, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered record oil sands production in the fourth quarter of 2021, contributing to total upstream out

CALGARY, Alberta, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered record oil sands production in the fourth quarter of 2021, contributing to total upstream output of more than 825,000 barrels of oil equivalent per day (BOE/d) 1 and almost 792,000 BOE/d 1 for the full year. The company generated fourth-quarter cash from operating activities of $2.2 billion and adjusted funds flow of $1.9 billion. With free funds flow of $1.1 billion in the quarter, and proceeds from recent divestitures, net debt was below $9.6 billion at year end, a reduction of more than $1.4 billion from the end of the third quarter and $3.5 billion in 2021 following the acquisition of Husky Energy. Total long-term debt was $12.4 billion as at December 31, 2021, down nearly $1.7 billion from January 1, 2021, and expected to decrease by approximately US$384 million on February 9 when Cenovus redeems the remaining principal amount of its notes due in 2023 and 2024. As part of its plan to enhance shareholder returns, Cenovus continues to buy back common shares under its previously announced Normal Course Issuer Bid (NCIB) and as of February 7 had repurchased approximately 26 million common shares at a volume weighted price of $16.

Sunrun Inc. (NASDAQ:RUN) with the stream of -4.86% also noticed, India Cenovus Energy Inc. (NYSE:CVE) encountered a rapid change of -0.06% in the last hour of Mondays trading session. Sunrun The post Stock Jumping on Abnormally High Volume: Sunrun Inc. (NASDAQ:RUN), Cenovus Energy Inc. (NYSE:CVE) appeared first on Stocks Equity .

Stocks, especially the once high flying technology stocks, had a lousy start to the new year. QQQ lost 9% of its value in January.

The oil producer plans to return an additional $1 billion to shareholders this year.

Cenovus Energy Inc (CVE) shares closed today at 0.9% below its 52 week high of $15.60, giving the company a market cap of $30B. The stock is currently up 25.2% year-to-date, up 140.0% over the past 12 months, and up 20.4% over the past five years. This week, the Dow Jones Industrial Average rose 2.8%, and the S&P 500 rose 3.6%. Trading Activity Trading volume this week was 4.3% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 2.0% higher than its 5-day moving average, 6.1% higher than its 20-day moving average, and 23.1% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Energy industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 53.6% The company's stock price performance over the past 12 months beats the peer average by 97.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Cenovus Energy Inc (CVE) shares closed 0.1% higher than its previous 52 week high, giving the company a market cap of $30B. The stock is currently up 24.2% year-to-date, up 148.1% over the past 12 months, and up 20.7% over the past five years. This week, the Dow Jones Industrial Average rose 4.3%, and the S&P 500 rose 5.5%. Trading Activity Trading volume this week was 24.5% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Energy industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 40.4% The company's stock price performance over the past 12 months beats the peer average by 88.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

The latest combination is proving to be yet another bargain. This company has made substantial progress since disposing of the ConocoPhillips Partnership.

Stocks Analysis by Zacks Investment Research covering: Cenovus Energy Inc, Suncor Energy Inc. Read Zacks Investment Research''s latest article on Investing.com

Suncor Energy (SU) delivered earnings and revenue surprises of -6.58% and 4.18%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?