cenovus energy
Cenovus Energy Inc. is a Canadian integrated oil and natural gas company headquartered in Calgary, Alberta. Its offices are located at Brookfield Place, having completed a move from the neighbouring Bow in 2019.
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CENOVUS ENERGY $13.32 (Toronto symbol CVE; Shares outstanding: 833.2 million; Market cap: $11.1 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; www.cenovus.com) recently agreed to acquire full control of its main oil sands properties in Alberta.
In all, it will pay $17.7 billion, consisting of $14.1 billion in cash plus 208 million Cenovus common shares....
In all, it will pay $17.7 billion, consisting of $14.1 billion in cash plus 208 million Cenovus common shares....
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BLACKBERRY LTD., $11.52, Toronto symbol BB, provides wireless communication services, mainly to businesses and government agencies.
The stock jumped 12% this week after an arbitrator awarded the company $814.9 million U.S....
CENOVUS ENERGY $15.11 (Toronto symbol CVE; Shares outstanding: 833.2 million; Market cap: $12.4 billion; TSINetwork Rating: Average; Dividend yield: 1.3%; www.cenovus.com) took a big drop after its recent deal to acquire control of its main oil sands properties in Alberta.
However, that acquisition more than doubles the company’s output and positions it for strong future growth.
Right now, Cenovus already owns 50% of the Christina Lake and Foster Creek oil sands projects; ConocoPhilips (New York symbol COP) owns the other 50%.
The company has agreed to buy ConocoPhillips’ interest in both Alberta properties, along with ConocoPhillips’ conventional oil fields in that province and B.C.
The total cost is $17.7 billion....
However, that acquisition more than doubles the company’s output and positions it for strong future growth.
Right now, Cenovus already owns 50% of the Christina Lake and Foster Creek oil sands projects; ConocoPhilips (New York symbol COP) owns the other 50%.
The company has agreed to buy ConocoPhillips’ interest in both Alberta properties, along with ConocoPhillips’ conventional oil fields in that province and B.C.
The total cost is $17.7 billion....
Dear client,
We recommend that most investors maintain some exposure to the Resources sector as part of a well-balanced portfolio.
To further cut your risk, you should focus on well-established producers with high-quality reserves such as Encana and Cenovus.
In response to the big drop in oil prices—from a high of $110 U.S....
We recommend that most investors maintain some exposure to the Resources sector as part of a well-balanced portfolio.
To further cut your risk, you should focus on well-established producers with high-quality reserves such as Encana and Cenovus.
In response to the big drop in oil prices—from a high of $110 U.S....
Another way to profit from higher oil prices is to invest in companies that sell vital equipment and services to producers such as Encana and Cenovus (see pages 31 and 32).
Conservative investors should stick with Finning. If you can accept the higher risk, we also like Precision Drilling.
FINNING INTERNATIONAL INC....
Conservative investors should stick with Finning. If you can accept the higher risk, we also like Precision Drilling.
FINNING INTERNATIONAL INC....
Here are some tips on successfully investing in commodity stocks
TELUS $43.51 (Toronto symbol T; Shares outstanding: 591.4 million; Market cap: $25.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.telus. com) provides a wide range of telecommunications services across Canada, including television, high-speed Internet, and wireless and landline telephone services.
The company recently agreed to repurchase up to 1.0 million of its shares from a private seller at a discount to the market price.
The move is part of Telus’s plan to buy back up to 8.0 million of its common shares, or roughly 1% of the total outstanding, by September 29, 2017....
The company recently agreed to repurchase up to 1.0 million of its shares from a private seller at a discount to the market price.
The move is part of Telus’s plan to buy back up to 8.0 million of its common shares, or roughly 1% of the total outstanding, by September 29, 2017....
ENCANA CORP. $16.87 (Toronto symbol ECA; Shares outstanding: 956.9 million; Market cap: $14.8 billion; TSINetwork Rating: Average; Dividend yield: 0.5%; www.encana. com) is one of North America’s largest producers of natural gas and oil.
The company continues to benefit from its plan to focus on four main properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
The company continues to benefit from its plan to focus on four main properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
Our energy investing tips and list of energy stocks will help you better spread your money out among top energy shares
While Imperial Oil (see page 111) is our top oil stock, we also like the outlook for these three industry firms.
They have all cut their costs, which should rapidly expand their earnings and cash flow as crude prices continue to recover. Moreover, their high-quality reserves should last decades.
SUNCOR ENERGY INC....
They have all cut their costs, which should rapidly expand their earnings and cash flow as crude prices continue to recover. Moreover, their high-quality reserves should last decades.
SUNCOR ENERGY INC....