Cenovus Energy: Calling All Dividend Investors [Seeking Alpha]
Cenovus Energy Inc (CVE)
Last cenovus energy inc earnings: 4/29 06:00 am
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US:NYSE Investor Relations:
cenovus.com/disclaimerir
Company Research
Source: Seeking Alpha
The company's refining abilities insulate a lot of production from thermal oil pricing discounts, allowing for more cash flow in the future. Once the net debt reaches C$4 billion, the company plans to double the free cash flow available to shareholders, potentially leading to significant dividend increases. Management also has projects to grow the business in the future which would lead to more dividend increases. Thermal companies tend to cash flow exceedingly well even at low commodity price levels due to the large upfront costs that create depreciation to help cover later cash flows. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » Cenovus Energy Inc. NYSE: CVE just announced that they reduced debt by more than C$900 million. At the current pace of debt retirements, management should achieve net debt of C$4 billion early in the second quarter. Even if they reduce net debt in the future by half th
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High impacting Cenovus Energy Inc news events
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CVE
News
- Cenovus subsidiary fined $1.83 mln for 2018 Canada oil spill [Reuters]Reuters
- Cenovus fined $2.5-million for role in biggest oil spill in Newfoundland and Labrador history [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Cenovus to hold first-quarter conference call and webcast, virtual annual meeting of shareholders on May 1GlobeNewswire
- 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
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