Cenovus Energy Inc. Stock News

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.

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 Hu...

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 increas...

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.

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.

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%.

Cenovus Continues its Multi-Year Support of the Skills Canada National Competition Cenovus Continues its Multi-Year Support of the Skills Canada National Competition

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'...