Cenovus Energy Inc (CVE) Quote - XTSE | Morningstar

Skip to Content

There is no Morningtar’s Analysis data available.

Company Profile

Business Description

Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.

Contact

225 - 6 Avenue SW, Suite 4100
Calgary, AB, T2P 1N2, Canada

T +1 403 766-3770

investor.relations@cenovus.com

www.cenovus.com

Sector Energy

Industry Oil & Gas Integrated

Most Recent Earnings Sep 30, 2021

Fiscal Year End Dec 31, 2021

Stock Type —

Employees 2,413

Related

Stock Analyst Update

Cenovus Acquires Husky Energy in All-Stock Deal

The transaction will align two integrated companies and reduce exposure to the heavy oil discount.

Stock Strategist

5 More Stocks We Like

As our analysts re-evaluate the companies they cover, they’re finding some exceptional bargains along the way.

Susan Dziubinski

Stock Strategist Industry Reports

Oil Sands Producers Set to Become More Competitive

Next-generation solvent technology is lowering costs, and the long-term impact could be immense.

Transparency is our policy. Learn how it impacts everything we do.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your personal data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

Verify your identity, personalize the content you receive, or create and administer your account.
Provide specific products and services to you, such as portfolio management or data aggregation.
Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.