Cenovus Energy: Buy For The Income And Stay For The Growth [Seeking Alpha]
Cenovus Energy Inc (CVE)
Last cenovus energy inc earnings: 4/29 06:00 am
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US:NYSE Investor Relations:
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Company Research
Source: Seeking Alpha
bjdlzx(Note: This article was in the newsletter November 3, 2022.)Cenovus Energy (NYSE:CVEbillion level. At this time, the company devotes 50% of free cash flow to returning money to shareholders either through dividends or through share repurchases. That rapidly growing dividend and share repurchases are about to take a significant jump.The minute net debt gets to C$4 billion, the company will devote 100% of free cash flow to a combination of dividends and share repurchases. Management expects to meet that goal easily in the coming quarter. One way or another that is going to lead to an excellent combination of income and growth for this variable distribution entity.This thermal oil producer is known for generous cash flow because thermal projects generally need a big cash investment to even get started. Many thermal oil producers are known for cash flowing decently even when the firm is losing money because of the large initial investment.This well-run company currently has a base d
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News
- Here's Why Cenovus Energy (CVE) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Canadian Natural: Resilience And Returns Through The Cycle [Seeking Alpha]Seeking Alpha
- Cenovus Energy (CVE) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Cenovus Energy (CVE) Surged on WTI Oil Price Increase [Yahoo! Finance]Yahoo! Finance
- Andrew Pink's Top Picks: April 16, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
CVE
Earnings
- 2/15/24 - Beat
CVE
Sec Filings
- 3/27/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/27/24 - Form 6-K
- CVE's page on the SEC website