Cenovus Energy Inc. (CVE)
Cenovus Energy Inc. is a Canadian integrated oil and natural gas producer focused on the development, production, and marketing of conventional and oil sands resources. Established in 2009 through the merger of Encana Corporation's oil and gas assets with part of Hathaway Canada Inc., the company primarily operates in Alberta and British Columbia. Cenovus is known for its upstream oil and gas operations, including heavy crude oil and synthetic crude production, and has expanded into renewable energy initiatives.
Dividend History
Investors can expect a dividend payout of $0.20 per share, scheduled to be distributed in 9 days on September 29, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 29, 2025 | $0.20 | 2025-09-15 | 2025-09-15 |
| June 30, 2025 | $0.20 | 2025-06-13 | 2025-06-13 |
| March 31, 2025 | $0.18 | 2025-03-14 | 2025-03-14 |
| December 31, 2024 | $0.18 | 2024-12-13 | 2024-12-13 |
| September 27, 2024 | $0.18 | 2024-09-13 | 2024-09-13 |
Dividends Summary
- Cenovus Energy Inc. has issued 62 dividend payments over the past 16 years
- The most recent dividend was paid 82 days ago, on June 30, 2025
- The highest dividend payed out to investors during this period was $0.2662 per share
- The average dividend paid during this period was $0.14 per share.
Company News
Cenovus Energy presented its transaction with MEG Energy, arguing its offer is superior to Strathcona Resources' bid, offering shareholders attractive pricing, industry-leading assets, and opportunities for value upside.
Cenovus Energy is proposing to acquire MEG Energy, presenting its transaction as superior to a competing offer from Strathcona Resources. The deal offers MEG shareholders cash and share options, with Cenovus highlighting its industry-leading assets and potential synergies.
The article discusses three lesser-known oil stocks - Suncor Energy, Cenovus Energy, and TotalEnergies - that could benefit from a potential boost in the energy sector under a second Trump administration. The companies are highlighted for their operational expansions, undervaluation, and growth potential.
Wildfires in Alberta, Canada have disrupted oil sands production, with several key producers facing immediate threats. The fires have placed over 400,000 barrels per day of Canada's oil production at risk, leading to curtailed production and evacuation of non-essential personnel from affected sites.
Cenovus Energy has strong growth prospects and a business model with diversified operations in upstream production and refining. Find out why CVE stock is a Buy.
