24 May, 2017
Foster Creek, Christina Lake and Pelican Lake are located in northeast Alberta, and Weyburn is in Saskatchewan.
Several research firms recently issued reports on CVE.
Cenovus Energy (TSE:CVE) traded down 0.54% during mid-day trading on Monday, reaching $13.01. JPMorgan Chase & Co. decreased their price target on Cenovus Energy from C$21.00 to C$19.00 in a research note on Friday, March 31st. Scotiabank reaffirmed an "outperform" rating and set a C$22.00 target price on shares of Cenovus Energy in a research note on Friday, February 17th. BMO Capital Markets reduced their price target on shares of Cenovus Energy from C$20.00 to C$17.00 and set a market perform rating on the stock in a research report on Friday, April 7th.
Zacks research also gives calculated recommendations from sell-side analysts that cover company shares. The company has an average rating of Buy and a consensus target price of C$20.62.
More notable recent Cenovus Energy Inc (USA) (NYSE:CVE) news were published by: Fool.ca which released: "Is Cenovus Energy Inc".
The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages. Readers should not consider this as a recommendation to buy or sell company stock. Cenovus Energy has a 12 month low of $9.11 and a 12 month high of $16.82.
Wall Street await Cenovus Energy Inc (USA) (NYSE:CVE) to release earnings on July, 27. The institutional investor held 18.17 million shares of the oil & gas production company at the end of 2016Q4, valued at $274.67M, down from 22.92M at the end of the previous reported quarter. Using data provided from various analysts, shares of Campbell Soup Company (NYSE:CPB) are presently listed with an ABR of 3.28. Cenovus Energy had a negative net margin of 11.17% and a negative return on equity of 9.35%. Comparatively, CVE posted earnings of $-0.12 per share in the same quarter, a year earlier.
12/09/2016 - Cenovus Energy Inc had its "hold" rating reiterated by analysts at TD Securities.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Tuesday, June 13th. Cenovus Energy's payout ratio is -12.93%.
COPYRIGHT VIOLATION NOTICE: This report was published by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of global copyright legislation. The original version of this report can be read at https://www.thestockobserver.com/2017/05/22/cenovus-energy-inc-cve-stake-lowered-by-burgundy-asset-management-ltd.html. FMR LLC boosted its stake in shares of Cenovus Energy by 33.0% in the first quarter. The company's stock had a trading volume of 3,069,433 shares. WFG Advisors LP now owns 1,017 shares of the oil and gas company's stock worth $180,000 after buying an additional 512 shares during the period. Finally, Jarislowsky Fraser Ltd boosted its stake in shares of Cenovus Energy by 0.3% in the fourth quarter. They now have a United States dollars 25 price target on the stock.
Burgundy Asset Management Ltd who had been investing in Cenovus Energy Inc. for a number of months, seems to be less bullish one the $9.87B market cap company.
