Cenovus Energy Inc. is set to keep growing

Cenovus Energy Inc. is set to keep growing

Despite volatile crude prices, all investors should maintain some exposure to the oil and gas industry due to its huge importance to global economic growth.

Well-established producers like this one, whose recent purchase of rival Husky Energy adds to its already impressive reserves, is a strong… Read More

Let Cenovus cut your oil risk

Despite volatile crude prices, we continue to advise all investors to maintain some exposure to the oil and gas industry. That advice reflects oil’s huge importance to global economic growth even as governments impose new regulations to cut carbon emissions.
We also recommend investors stick with… Read More

Cenovus raises its dividend

CENOVUS ENERGY, $16.58, remains a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 2.0 billion; Market cap: $32.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.8%; www.cenovus.com) continues to sell less-important assets to pay down the debt it took on as part of the Husky acquisition.
On… Read More