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Cenovus Energy Inc - CVE STOCK NEWS

Welcome to our dedicated news page for Cenovus Energy (Ticker: CVE), a resource for investors and traders seeking the latest updates and insights on Cenovus Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cenovus Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cenovus Energy's position in the market.

News
Rhea-AI Summary
Cenovus Energy Inc. to hold 2024 Investor Day in Toronto, providing updates on strategy, outlook, and operations. Webcast available for broader audience. Company focuses on safe, innovative, and cost-efficient asset management with a strong ESG commitment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
conferences
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Rhea-AI Summary
Cenovus Energy Inc. (CVE) reports strong operational performance in Q4 2023 with record production rates. The company faced challenges due to declining commodity prices and refinery crack spreads. Despite this, they returned $731 million to shareholders and reduced net debt by $916 million. Financially, they saw positive trends in adjusted funds flow, capital investment, and production rates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.45%
Tags
-
Rhea-AI Summary
Cenovus Energy Inc. (CVE) will release its Q4 and full-year 2023 results on February 15, providing operating and financial information. The company operates in Canada and Asia Pacific, focusing on safe, innovative, and cost-efficient asset management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
News
Rhea-AI Summary
Cenovus Energy Inc. (CVE) announced its 2024 budget, investing between $4.5 billion and $5.0 billion, focusing on growth, operational improvements, and shareholder returns. The company plans to increase oil sands and thermal projects production, optimize downstream business, and invest in conventional and offshore assets. The 2024 budget highlights total upstream production of 770,000 to 810,000 BOE/d and downstream crude throughput of 630,000 to 670,000 bbls/d.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.15%
Tags
none
-
Rhea-AI Summary
Cenovus Energy Inc. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid to purchase up to 133,160,021 common shares in the next 12 months. The company's prior share buyback program for up to 136,717,741 common shares is set to expire. As of October 31, 2023, Cenovus had repurchased 44,325,888 common shares at a weighted-average price of $24.74 per common share. The company also entered into an automatic share purchase plan with TD Securities Inc. to facilitate share purchases under the NCIB during regulatory restrictions and blackout periods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
Tags
buyback
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Rhea-AI Summary
Cenovus Energy Inc. delivered strong financial performance in Q3 2023, generating $2.7 billion in cash from operating activities, $3.4 billion in adjusted funds flow, and $2.4 billion in free funds flow. Total upstream production was 797,000 BOE/d, and downstream throughput averaged over 664,000 bbls/d. The company reduced long-term debt by $1.0 billion and received approval to renew its normal course issuer bid for another year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.57%
Tags
Rhea-AI Summary
Cenovus Energy Inc. will release its third-quarter 2023 results on November 2, providing consolidated operating and financial information. The company is an integrated energy company with operations in Canada and the Asia Pacific region. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
none
-
Rhea-AI Summary
Cenovus Energy announces total consideration payable in connection with tender offers
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
none
-
Rhea-AI Summary
Cenovus Energy increases Pool 2 Maximum Amount in tender offers from $250M to $500M
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
none
Rhea-AI Summary
Cenovus Energy Inc. announces tender offers for certain outstanding series of notes for up to $750 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
none
Cenovus Energy Inc

NYSE:CVE

CVE Rankings

CVE Stock Data

39.34B
1.32B
31.5%
55.47%
1.59%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Calgary

About CVE

husky energy is one of canada's largest integrated energy companies. headquartered in calgary, alberta, it operates in western and atlantic canada, the united states and the asia pacific region with upstream and downstream business segments. as a diversified and integrated company, we offer career opportunities across our varied businesses, with a strong portfolio of near, mid and long-term projects. we have opportunities in engineering, geology, procurement, finance, it and field operations. to learn more about current open positions, please visit us at http://jobs.huskyenergy.com. we invest in the communities where we operate, with a focus on health, education and community initiatives. we encourage diversity and inclusion, employing staff from a variety of backgrounds, education and skill sets. to learn more about husky energy visit our website: www.huskyenergy.com.