MARKET COMPOSITE
CVE - Cenovus Energy Inc8:00:02 PM 4/19/2024
Price
$20.85
+ 0.19 (0.92%)
Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States. The company operates through Oil Sands, Deep Basin, and Refining and Marketing segments. The Oil Sands segment develops and produces bitumen in northeast Alberta. Its bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as other projects in the early stages of development. The Deep Basin segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas of British Columbia and Alberta, as well as various interests in natural gas processing facilities. The Refining and Marketing segment transports, sells, and refines crude oil into petroleum and chemical products. This segment owns a 50% ownership in Wood River and Borger refineries located in the United States; and owns and operates a crude-by-rail terminal in Alberta. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
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    Cenovus (CVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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    In the last year, multiple insiders have substantially increased their holdings of Cenovus Energy Inc. ( TSE:CVE...

    Cenovus Energy (CVE) announces a massive $1.5B investment to expand its Toledo and Lima refineries in Ohio, with plans to add 115 jobs and expand its U.S. headquarters.

    Cenovus Energy on Thursday said it plans to invest $1.5 billion in its Ohio refineries over the coming five years, including Lima and Oregon. The investment in Ohio refineries include maintenance, reliability measures and market access projects, the company said. Cenovus produces oil and natural gas with locations in Canada, the United States and the Asia Pacific region and is the largest refiner in the state of Ohio where it employs almost 1,200.

    The investment in Ohio refineries include maintenance, reliability measures and market access projects, the company said. Cenovus produces oil and natural gas with locations in Canada, the United States and the Asia Pacific region and is the largest refiner in the state of Ohio where it employs almost 1,200. Cenovus' Toledo refinery in Oregon, Ohio has a processing capacity of up to 160,000 barrels per day (bpd), according to the company's website.

    Cenovus Energy has announced a $1.5 billion investment in its Ohio refineries, including Lima and Oregon, according to a local media report on Wednesday. Ohio provides a "vital strategic location" that aids Cenovus's decision to expand, said Doreen Cole, the company's executive vice president, downstream, in a press release, quoted by the local media. Cenovus produces oil and natural gas with locations in Canada, the United States and the Asia Pacific region and is the largest refiner in the s...

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