Cenovus Energy (CVE.TO) Buy, Sell or Hold

Cenovus Energy (CVE.TO)

40.51

+1.18 (3.00%)

as of Nov 11, 2026, 9:00:00 pm Market Closed.

890 watching

PAST TOP PICK

(A Top Pick March 17/10. Up 47.94%.) Well managed. Did some very smart joint ventures to help pay for some of the development in the oil sands. Still likes.

TOP PICK

If you really want to participate in the tar sands, this is the way to go. They are also big in the SAGD, which is a much greener approach and less disruptive on the local areas.

COMMENT

Took profits at around $32. Good company as long as you are positive on crude prices. Well positioned company that is going to grow. Prefers things that have a bigger yield to them.

PAST TOP PICK

(A Top Pick Feb 2/10. Up 25.77%.) This might be one of those great Canadian companies that you just hold on to forever. Very good at what they do.

BUY

Sees long term growth here. Well run company. Really tied into the price of oil. Caveat. Cdn oil companies sell in US $’s so it could be bad if the Cdn$ goes up.

TOP PICK

(A Top Pick Jan 27/10. Up 33.44%.) Extremely well managed. Good properties including unexploited oil sands. Good level. Expecting cash levels will be going up over the next number of years at the $3.60-$3.70 level.

BUY

One of his top holdings. Likes it from a 2-5 year point of view. Very high quality assets. They aren’t spending money on gas assets; it is just a cash cow.

PAST TOP PICK

(Top Pick Dec 10/09, Up 27%) Went to his target and he said thank-you and went on to other things. A week or so ago he bought Encana, which is the Gas story. CVE was oil.

TOP PICK

Stock has been sideways for a while but likes what they are doing and it could break out from here. Likes SAGD approach, which is much neater. Feels they are the leading edge of the oil sands area.

SELL

Just covered a Short he had on it. On a parallel between it and Suncor (SU-T) and finds the valuation ridiculous. Almost 50% natural gas so you are paying an oil sand premium for natural gas. Fully valued.

SELL

If he were going to be involved in the oil sands area he would go with Canadian Natural Resources (CNQ-T) and if he owned this he would consider switching.

COMMENT

Cenovus (CVE-T) versus Canadian Natural Resources (CNQ-T)? Both are good companies and both oil oriented with conventional and crude. He prefers something with a significant yield so he owns Canadian Oil Sands (COS.UN-T) instead. (See Top Picks.)

BUY

Gas assets, which fully financed their growth in the oil sands. Have one of the best SAGD projects. Not expensive.

BUY

Analysts had raised estimates from mid to upper $30’s and stock moved up. When they reported earnings, there was a slight disappointment so the stock has dropped. Still likes and can see $33-$34 over the next year.

TOP PICK

Foster Creek and Christina Lake are the 2 main SAGD operations and have some of the best ratios in the business. Have 137 billion barrels of oil in place on their lands, which will support potential production of 2 million barrels a day.

Showing 496 to 510 of 537 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

John Stephenson

Stephenson & Company Capital Management

Christine Poole

Davis Rea

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Dan Rohinton

iA Global Asset Management

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Cenovus Energy (CVE.TO)