Showing posts with label CVE. Show all posts
Showing posts with label CVE. Show all posts

Saturday, October 25, 2014

Cenovus Energy Still Producing Despite Deteriorating Oil Prices

This article was originally published by TheStreet on Oct. 03
NEW YORK (TheStreet) -- Global oil prices may be going downhill but investors won't see a slowdown in Cenovus Energy's  (CVE)  production growth.
Cenovus Energy, of Calgary, is one of the four largest Canadian oil and gas producers, which includes Suncor Energy (SU) , Husky Energy (HUSKF) and Imperial Oil (IMO) . Cenovus focuses on producing oil sands, a naturally occurring mixture of sand, water and an extremely viscous oil called bitumen, that are abundantly found in Canada.