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
| 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 23 days ago, on September 29, 2025
- The highest dividend payed out to investors during this period was $0.27 per share
- The average dividend paid during this period was $0.14 per share.
Company News
Cenovus Energy has postponed the special shareholder meeting for its proposed acquisition of MEG Energy from October 22 to October 30, 2025. Approximately 63% of MEG shares are currently in favor of the transaction, which offers shareholders $29.50 cash per share or 1.240 Cenovus shares.
Cenovus has postponed the special shareholder meeting for its proposed MEG Energy acquisition from October 22 to October 30, 2025. Approximately 63% of MEG shares are currently in favor of the transaction, which offers shareholders $29.50 cash per share or 1.240 Cenovus shares.
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.
