Scotiabank Maintains Sector Outperform on Cenovus Energy, Lowers Price Target to C$34
Scotiabank analyst Jason Bouvier maintains Cenovus Energy (NYSE:CVE) with a Sector Outperform and lowers the price target from C$35 to C$34.
Scotiabank analyst Jason Bouvier maintains Cenovus Energy (NYSE:CVE) with a Sector Outperform and lowers the price target from C$35 to C$34.
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Date | Price Target | Rating | Analyst |
---|---|---|---|
2/23/2024 | Neutral → Buy | UBS | |
9/6/2023 | Sector Perform → Sector Outperform | Scotiabank | |
7/12/2023 | Neutral | UBS | |
6/6/2023 | $20.00 → $22.00 | Neutral → Buy | Goldman |
4/14/2023 | Sector Outperform → Sector Perform | Scotiabank | |
11/21/2022 | $23.00 | Buy → Neutral | Goldman |
10/19/2022 | Buy | Jefferies | |
8/11/2022 | Outperform | Credit Suisse |
6-K - CENOVUS ENERGY INC. (0001475260) (Filer)
6-K - CENOVUS ENERGY INC. (0001475260) (Filer)
6-K - CENOVUS ENERGY INC. (0001475260) (Filer)
CALGARY, Alberta, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today announced its financial and operating results for the third quarter of 2024. The company generated nearly $2.5 billion in cash from operating activities, $2.0 billion of adjusted funds flow and $614 million of free funds flow in the quarter. Upstream production of more than 771,000 barrels of oil equivalent per day (BOE/d)1 was slightly lower compared with the second quarter primarily because of turnaround activity at the Christina Lake oil sands facility. Turnaround impacts to production were lower than forecast, as Christina Lake completed its turnaround ahead of schedule. In the downstream
CALGARY, Alberta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its third-quarter 2024 results on Thursday, October 31. The news release will provide consolidated third-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com. Conference call: 8 a.m. MT (10 a.m. ET) To join the conference call, please dial 1-888-307-2440 (toll-free in North America) or 647-694-2812 to reach a live operator who will place you into the call. A live audio webcast will also be available and archived for approximately 30 days. Cenovus Energy Inc. Cenovus Energy Inc. is an integrated energy co
TORONTO, ON / ACCESSWIRE / August 21, 2024 / Star Royalties Ltd. (" Star Royalties ", or the " Company ") (TSXV:STRR)(OTCQX:STRFF) is pleased to report its financial results for the quarter ended June 30, 2024. All amounts are in U.S. dollars, unless otherwise indicated.Q2 2024 Financial and Corporate HighlightsQuarterly revenues of $266,306 represented a 42% increase over the prior-year period due to higher sales volumes at Keysbrook.Green Star Royalties Ltd. (" Green Star ") expanded its North American nature-based investment portfolio by acquiring several U.S. Improved Forest Management (" IFM ") carbon offset royalties for $5.6 million. Green Star received its first carbon offset deliver
RBC Capital analyst Greg Pardy reiterates Cenovus Energy (TSX:CVE) with a Outperform and maintains C$33 price target.
Scotiabank analyst Jason Bouvier maintains Cenovus Energy (NYSE:CVE) with a Sector Outperform and lowers the price target from C$35 to C$34.
RBC Capital analyst Greg Pardy reiterates Cenovus Energy (TSX:CVE) with a Outperform and maintains C$33 price target.
SC 13G/A - CENOVUS ENERGY INC. (0001475260) (Subject)
SC 13G/A - CENOVUS ENERGY INC. (0001475260) (Subject)
SC 13G - CENOVUS ENERGY INC. (0001475260) (Subject)
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) announced today that the Toronto Stock Exchange ("TSX") has approved the renewal of the company's normal course issuer bid ("NCIB") to purchase up to 127,489,549 common shares during the 12-month period commencing November 11, 2024 and ending November 10, 2025. Cenovus's renewal of its share buyback program is consistent with the company's capital allocation framework, which supports enhancing value for investors by returning cash to shareholders, generating strong returns on capital investment and maintaining its resilient balance sheet. Cenovus believes there are times when the market price of i
CALGARY, Alberta, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today announced its financial and operating results for the third quarter of 2024. The company generated nearly $2.5 billion in cash from operating activities, $2.0 billion of adjusted funds flow and $614 million of free funds flow in the quarter. Upstream production of more than 771,000 barrels of oil equivalent per day (BOE/d)1 was slightly lower compared with the second quarter primarily because of turnaround activity at the Christina Lake oil sands facility. Turnaround impacts to production were lower than forecast, as Christina Lake completed its turnaround ahead of schedule. In the downstream
CALGARY, Alberta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its third-quarter 2024 results on Thursday, October 31. The news release will provide consolidated third-quarter operating and financial information. The company's financial statements will be available on Cenovus's website, cenovus.com. Conference call: 8 a.m. MT (10 a.m. ET) To join the conference call, please dial 1-888-307-2440 (toll-free in North America) or 647-694-2812 to reach a live operator who will place you into the call. A live audio webcast will also be available and archived for approximately 30 days. Cenovus Energy Inc. Cenovus Energy Inc. is an integrated energy co
UBS upgraded Cenovus Energy from Neutral to Buy
Scotiabank upgraded Cenovus Energy from Sector Perform to Sector Outperform
UBS initiated coverage of Cenovus Energy with a rating of Neutral
CALGARY, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) held its annual meeting of shareholders on May 1, 2024. Each matter voted on is described in greater detail in the Corporation's 2024 Management Information Circular dated March 6, 2024. Shareholders voted as follows on the matters before the meeting: Appointment of Auditor PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as auditor of the Corporation. Votes forVotes withheldNumberPercentNumberPercent1,488,986,08899.655,218,3420.35 Election of Directors Each of the following thirteen nominees proposed by management were elected directors of the Corporation: NomineeVo
CALGARY, Alberta, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) and Headwater Exploration Inc. (TSX:HWX) are pleased to announce the closing of the acquisition by Headwater of Cenovus's assets in the Marten Hills area of Alberta. Pursuant to the transaction, Headwater acquired a 100% working interest in approximately 2,800 barrels per day of medium gravity oil production and 270 net sections of Clearwater rights. The total consideration paid by Headwater to Cenovus for the transaction consists of: $35 million in cash;50 million common shares of Headwater; and15 million purchase warrants exercisable at $2.00 per common share with a three-year term. Concurren