We love Cenovus Energy’s prospects

We love Cenovus Energy’s prospects

Cenovus Energy is expanding its production and refining capacity as it focuses on cost-efficient management. We like its prospects for share price appreciation and it should be on your buying list as a top oil & gas pick.

The oil and gas producer has a strong… Read More

Cenovus adds more refining

CENOVUS ENERGY, $25.29, is a buy for long-term gains. The company (Toronto symbol CVE; Shares o/s: 1.9 billion; Market cap: $48.0 billion; TSINetwork Rating: Extra Risk; Divd. yield: 2.1%; www.cenovus.com) recently agreed to buy the 50% of an oil refinery in Toledo, Ohio, that it doesn’t already own. It… Read More

Refinery purchase still on track

CENOVUS ENERGY INC. $26 is a buy. The company (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $49.4 billion; Price-to-sales ratio: 0.7; Dividend yield 1.8%; TSINetwork Rating: Extra Risk; www.cenovus.com) recently agreed to buy the 50% of a oil refinery in Toledo,… Read More

Key updates on your safety-conscious stocks

IMPERIAL OIL LTD., $70.33, is a buy. The company (Toronto symbol IMO; Shares o/s: 584.2 million; Market cap: $42.5 billion; TSINetwork Rating: Average; Dividend yield: 2.5%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No. 1) and Suncor. U.S.-based ExxonMobil (New York symbol XOM)… Read More

Cenovus ups its spending

CENOVUS ENERGY, $24.43, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $46.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.9%; www.cenovus.com) is now Canada’s third-largest producer of oil and natural gas, and the country’s second-largest refiner.
Cenovus plans to spend between… Read More