Canadian oil companies expected to ‘benefit disproportionately' during the war in Iran [BNN Bloomberg (Canada)]
Cenovus Energy Inc (CVE)
Last cenovus energy inc earnings: 4/29 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
cenovus.com/disclaimerir
Company Research
Source: BNN Bloomberg
Cenovus Energy , in particular, was upgraded to a “strong buy” on Wednesday by research analyst Darryl McCoubrey of Veritas Investment, with the company's stock trading 3.4 per cent higher at $31.85 Wednesday midday, nearly reaching its yearly peak of $32.62. In the event of a price spike, Canadian companies Cenovus and Canadian Natural Resources both “benefit disproportionately compared to the other oil sands majors,” because they are both sensitive to a West Texas Intermediate (WTI) price hike,” McCoubrey told BNN Bloomberg. “So we increased both of those valuations by nearly 30 per cent,” he said. McCoubrey said he shifted from a supply glut outlook to a high-risk scenario after oil prices surged as the conflict in Iran sparked fears of a global oil supply disruption. He said Canadian Natural Resources, which was trading 2.5 per cent higher Wednesday midday, performed relatively well compared to Cenovus Energy over the last month, but Cenovus stands out as being relatively
Show less
Read more
Impact Snapshot
Event Time:
CVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVE alerts
High impacting Cenovus Energy Inc news events
Weekly update
A roundup of the hottest topics
CVE
News
- Cenovus Energy (NYSE:CVE) (TSE:CVE) had its price target raised by The Goldman Sachs Group, Inc. from $22.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- Cenovus Energy (NYSE:CVE) (TSE:CVE) was upgraded by Veritas Corp from "strong sell" to "strong-buy".MarketBeat
- Canadian Natural pauses $8.25-billion oil-sands expansion, citing carbon policy uncertainty [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- How The Cenovus Energy (TSX:CVE) Investment Narrative Is Shifting With New Targets And Fair Value [Yahoo! Finance]Yahoo! Finance
- Should Cenovus's Earnings Jump and Preferred Share Redemption Require Action From Cenovus Energy (TSX:CVE) Investors? [Yahoo! Finance]Yahoo! Finance
CVE
Earnings
- 2/19/26 - Beat
CVE
Sec Filings
- 2/27/26 - Form S-8
- 2/26/26 - Form 6-K
- 2/19/26 - Form 40-F
- CVE's page on the SEC website