- CVE.TO -1.10% CNVEF 0.00% CVE -1.00%
Cenovus Energy Inc. (NYSE:CVE) is included among the 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term.
RBC Capital Raises Cenovus (CVE) Price Target to C$32, Maintains Outperform Rating On November 17, RBC Capital raised its price target for Cenovus Energy Inc. (NYSE:CVE) to C$32 from C$30 while maintaining an Outperform rating on the stock, according to a report by The Fly.
Cenovus Energy Inc. (NYSE:CVE) reported total revenues of C$13.2 billion in Q3, up from C$12.3 billion in Q2 2025. Upstream revenues were C$6.7 billion, slightly lower than the C$6.8 billion recorded in the previous quarter, while Downstream revenues rose to C$8.4 billion from C$7.7 billion in Q2.
Cenovus Energy Inc. (NYSE:CVE) continued to prioritize shareholders, returning C$1.3 billion in the quarter, including C$918 million through share repurchases and C$356 million in dividends. Upstream production reached a record 832,900 BOE/d in Q3, with Oil Sands production hitting a high of approximately 642,800 BOE/d.
Cenovus Energy Inc. (NYSE:CVE) is an integrated energy company that develops, produces, refines, transports, and markets crude oil, natural gas, and refined products.
While we acknowledge the potential of CVE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 12 Best European Dividend Stocks to Buy Now and 15 Stocks with Highest Dividend to Invest In.
Disclosure: None.
Terms and Privacy Policy Privacy Dashboard More Info
