320

Cenovus Energy (CVE-T)

ON STOCKCHASE SINCE Nov 2009

oil/gas

Cenovus Energy
CVE-T

177 watching

Join the Discussion

Expert Opinions
0 comments
Your Reaction

1 0 0 0 0

What the experts are saying about CVE-T

Signal	Opinion	Expert
PAST TOP PICK	Cenovus Energy(CVE-T) February 14, 2019 (A Top Pick Jan 18/18, Down 12%) It rallied on a bad report. He sold this pick in the summer and is now short on it. They have not delivered on the balance sheet enough and there is still not positive cash flow. It is a small short for him. oil/gas 0 0 0 0 0 0 comments	(A Top Pick Jan 18/18, Down 12%) It rallied on a bad report. He sold this pick in the summer and is now short on it. They have not delivered on the balance sheet enough and there is still not positive cash flow. It is a small short for him. oil/gas 0 0 0 0 0 0 comments Jason Mann CIO & Co-F, Edgehill Patners... Price $11.110 Owned Yes

DON'T BUY	Cenovus Energy(CVE-T) January 21, 2019 Oil and gas makers don't generate the ROE he looks for. They don't have pricing power over their product/commodity; others do. Cenovus is one of the top stocks in this sector, though. oil/gas 0 0 0 0 0 0 comments	Oil and gas makers don't generate the ROE he looks for. They don't have pricing power over their product/commodity; others do. Cenovus is one of the top stocks in this sector, though. oil/gas 0 0 0 0 0 0 comments Jason Del Vicar Portfolio , HollisWealth... Price $10.620 Owned No
COMMENT	Cenovus Energy(CVE-T) December 14, 2018 Steady income? He thinks the recent budget for SU-T showing production growth with refining assets makes them pretty stable. He thinks there are lots of others that will recover much quicker -- like Cenovus (CVE-T). Yield 3.6% oil/gas 0 0 0 0 0 0 comments	Steady income? He thinks the recent budget for SU-T showing production growth with refining assets makes them pretty stable. He thinks there are lots of others that will recover much quicker -- like Cenovus (CVE-T). Yield 3.6% oil/gas 0 0 0 0 0 0 comments Eric Nuttall Partner & , Ninepoint Partners... Price $10.260 Owned Unknown
PAST TOP PICK	Cenovus Energy(CVE-T) November 28, 2018 (A Top Pick Jun 01/18, Down 31%) This is a high-quality coming that was improving itself. The heavy oil differentials will likely close towards normal levels soon. They are moving more oil by rail and at today’s price it is still a bargain. oil/gas 0 0 0 0 0 0 comments	(A Top Pick Jun 01/18, Down 31%) This is a high-quality coming that was improving itself. The heavy oil differentials will likely close towards normal levels soon. They are moving more oil by rail and at today’s price it is still a bargain. oil/gas 0 0 0 0 0 0 comments Bryden Teich Portfolio , Avenue Investment Ma... Price $9.190 Owned Yes
BUY	Cenovus Energy(CVE-T) November 16, 2018 He likes this company. You get very good exposure to WCS differentials. The new CEO is doing a good job of repositioning the company. There is the potential of further monetization of assets. Good entry point to get good exposure with a large cap Canadian stock. oil/gas 0 0 0 0 0 0 comments	He likes this company. You get very good exposure to WCS differentials. The new CEO is doing a good job of repositioning the company. There is the potential of further monetization of assets. Good entry point to get good exposure with a large cap Canadian stock. oil/gas 0 0 0 0 0 0 comments Eric Nuttall Partner & , Ninepoint Partners... Price $10.690 Owned No
HOLD	Cenovus Energy(CVE-T) November 14, 2018 They are not getting the benefit they should be. They have done a complete change in their strategy. Their stock price has held fairly steady over the last year. They are experiencing better numbers than a lot of the small to mid cap names. She thinks it will be considerably higher stock price in 2 years time. oil/gas 0 0 0 0 0 0 comments	They are not getting the benefit they should be. They have done a complete change in their strategy. Their stock price has held fairly steady over the last year. They are experiencing better numbers than a lot of the small to mid cap names. She thinks it will be considerably higher stock price in 2 years time. oil/gas 0 0 0 0 0 0 comments Joanne A. Hrusk Market Str, Integral Wealth Secu... Price $10.780 Owned No
DON'T BUY	Cenovus Energy(CVE-T) October 29, 2018 CPG-T vs. SVE-T. He does not think the energy sector is coming back in a big way any time soon. There are over sold indicators so it is okay as a trade but not for long term. We need pipeline capacity. He is fine with CPG-T. oil/gas 0 0 0 0 0 0 comments	CPG-T vs. SVE-T. He does not think the energy sector is coming back in a big way any time soon. There are over sold indicators so it is okay as a trade but not for long term. We need pipeline capacity. He is fine with CPG-T. oil/gas 0 0 0 0 0 0 comments Larry Berman CF Chief Inve, ETF Capital Manageme... Price $10.870 Owned Unknown
PAST TOP PICK	Cenovus Energy(CVE-T) October 11, 2018 (Past Top Pick Sept. 22, 2017, Down 6%) He bought is because he saw a real restructuring story. It was beaten up and he felt new managers would solve those problems. They are slowly doing that like getting rid of some assets and it will work out in the end. oil/gas 0 0 0 0 0 0 comments	(Past Top Pick Sept. 22, 2017, Down 6%) He bought is because he saw a real restructuring story. It was beaten up and he felt new managers would solve those problems. They are slowly doing that like getting rid of some assets and it will work out in the end. oil/gas 0 0 0 0 0 0 comments Paul Harris, CF Portfolio , Avenue Investment Ma... Price $11.690 Owned Yes
PAST TOP PICK	Cenovus Energy(CVE-T) September 26, 2018 (A Top Pick October 3/17 Up 1%) He did sell this back in late-May when it became apparent a refinery shutdown was going to cause differentials to blow out in the fall. Still a good company, but having cut the dividend to less than 2%, there are better options now. oil/gas 0 0 0 0 0 0 comments	(A Top Pick October 3/17 Up 1%) He did sell this back in late-May when it became apparent a refinery shutdown was going to cause differentials to blow out in the fall. Still a good company, but having cut the dividend to less than 2%, there are better options now. oil/gas 0 0 0 0 0 0 comments Ryan Bushell President, Newhaven Asset Manag... Price $12.010 Owned No
DON'T BUY	Cenovus Energy(CVE-T) September 17, 2018 It has been a tough energy call. He thought it was cheap enough after their acquisition and the stock got hammered, but the rally petered out. He got out. Cash flow is not really there. It is lining up as a short if he sees more weakness. oil/gas 0 0 0 0 0 0 comments	It has been a tough energy call. He thought it was cheap enough after their acquisition and the stock got hammered, but the rally petered out. He got out. Cash flow is not really there. It is lining up as a short if he sees more weakness. oil/gas 0 0 0 0 0 0 comments Jason Mann CIO & Co-F, Edgehill Patners... Price $11.400 Owned No
COMMENT	Cenovus Energy(CVE-T) September 17, 2018 He sold it this year, because he was reducing his energy weighting. New managers have done well selling assets to reduce debt. Have also lowered costs. They don't have the refining capacity, so that's a problem. By 2020, the debt should be low enough to increase the dividend, though he had been expecting 2019. oil/gas 0 0 0 0 0 0 comments	He sold it this year, because he was reducing his energy weighting. New managers have done well selling assets to reduce debt. Have also lowered costs. They don't have the refining capacity, so that's a problem. By 2020, the debt should be low enough to increase the dividend, though he had been expecting 2019. oil/gas 0 0 0 0 0 0 comments Douglas Kee Chief Inve, Leon Frazer & Associ... Price $11.400 Owned No
DON'T BUY	Cenovus Energy(CVE-T) September 7, 2018 The company has over $9 billion of debt against $19 billion of equity. He would stay away. Heavy oil differentials are problematic. Book value is $15 per share. He thinks the stock is susceptible to further selling pressure as oil prices are expected to drop below $60 soon on a seasonal basis. oil/gas 0 0 0 0 0 0 comments	The company has over $9 billion of debt against $19 billion of equity. He would stay away. Heavy oil differentials are problematic. Book value is $15 per share. He thinks the stock is susceptible to further selling pressure as oil prices are expected to drop below $60 soon on a seasonal basis. oil/gas 0 0 0 0 0 0 comments Josef Schachter President, Schachter Asset Mana... Price $11.710 Owned No
BUY	Cenovus Energy(CVE-T) August 17, 2018 It is down 15% in the past month, due to widening heavy oil differentials. With more rail capacity coming, it will support differentials near WTI less $23 – he is using $20 in his models. They are paying down debt and he thinks the worst is behind them. When stricter sulphur limits are imposed on marine fuels in 2020, he estimates this will have a $5 worsening impact on heavy differentials. However, he thinks this will ultimately lead to higher oil demand globally and higher oil prices. oil/gas 0 0 0 0 0 0 comments	It is down 15% in the past month, due to widening heavy oil differentials. With more rail capacity coming, it will support differentials near WTI less $23 – he is using $20 in his models. They are paying down debt and he thinks the worst is behind them. When stricter sulphur limits are imposed on marine fuels in 2020, he estimates this will have a $5 worsening impact on heavy differentials. However, he thinks this will ultimately lead to higher oil demand globally and higher oil prices. oil/gas 0 0 0 0 0 0 comments Eric Nuttall Partner & , Ninepoint Partners... Price $11.960 Owned Yes
TOP PICK	Cenovus Energy(CVE-T) August 17, 2018 Turnaround in progress. Integrating cost-cutting. New management has right-sized the ship. Risk is high exposure to WCS Canadian discount. But if oil prices continue to move higher, cash flow will benefit, they’ll pay down debt, and be in a good position going forward. Share pullback has created a good entry level. Yield is 1.7%. (Analysts’ price target is $17.08.) oil/gas 0 0 0 0 0 0 comments	Turnaround in progress. Integrating cost-cutting. New management has right-sized the ship. Risk is high exposure to WCS Canadian discount. But if oil prices continue to move higher, cash flow will benefit, they’ll pay down debt, and be in a good position going forward. Share pullback has created a good entry level. Yield is 1.7%. (Analysts’ price target is $17.08.) oil/gas 0 0 0 0 0 0 comments Bryden Teich Portfolio , Avenue Investment Ma... Price $11.960 Owned Yes
WAIT	Cenovus Energy(CVE-T) July 23, 2018 Seasonal from Feb.25-May 9 where it had a good run; and starting July 27. Seeing flatlining now. Wait a bit. oil/gas 0 0 0 0 0 0 comments	Seasonal from Feb.25-May 9 where it had a good run; and starting July 27. Seeing flatlining now. Wait a bit. oil/gas 0 0 0 0 0 0 comments Brooke Thackray Research A, Horizons ETFs (Canad... Price $13.400 Owned Unknown

7+

JOIN THE DISCUSSION
7 comments in the last 7 days

Stockchase, in its reporting on what has been discussed by indviduals 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 : hello@stockchase.com.

© Stockchase Inc. & Wealthica Financial Technology Inc.