CA15135U1093 - Common Stock
CENOVUS ENERGY INC
NYSE:CVE (4/19/2024, 2:15:06 PM)
20.835
+0.18 (+0.85%)
Cenovus Energy, Inc. is a Canadian-based integrated energy company, which engages in the provision of gas and oil. The company is headquartered in Calgary, Alberta and currently employs 5,998 full-time employees. The company went IPO on 2009-09-12. The firm has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The firm's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, United States Manufacturing, and Retail. The firm's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The firm's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.
CENOVUS ENERGY INC
4100, 225 - 6 Avenue S.W.
Calgary ALBERTA T2P 1N2
P: 14037662000
CEO: Alexander J. Pourbaix
Employees: 5998
Website: https://www.cenovus.com/
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In a welcome move, Cenovus Energy stock saw its Relative Strength Rating improve from 69 to 73 on Wednesday.
Natural gas prices are very low creating a buy opportunity in these energy stocks that are dependent on natural gas.
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