Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:FRONTLINE PLC (FRO) is a shipping company, engages in the seaborne transportation of crude oil and oil products. The Zacks Consensus Estimate for its current year earnings has been revised 30.2% downward over the last 60 days.DHT (DHT) operates a fleet of double-hull crude oil tankers on international routes. The Zacks Consensus Estimate for its current year earnings has been revised 13.0% downward over the last 60 days.Cenovus Energy ...

Cenovus Energy Inc. (CVE) , a major player in the energy sector, has announced its 2025 corporate guidance, outlining a capital investment range of $4.6 -$5.0 billion. The company aims to deliver upstream production between 805,000 and 845,000 barrels of oil equivalent per day (BOE/d). It also anticipates downstream crude unit utilization rates to be between 90% and 95%, signaling its strategic focus on growth, reliability and shareholder returns.CVE Plans $5 Billion Capital Investment for GrowthAccording t ...

CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its 2025 corporate guidance, which includes capital investment of $4.6 billion to $5.0 billion, delivering upstream production of 805,000 barrels of oil equivalent per day (BOE/d) to 845,000 BOE/d and downstream crude unit utilization of 90% to 95%. Capital investment in 2025 will include about $3.2 billion of sustaining capital to maintain base production and support continued safe and reliable op ...

iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.The market rally since the election over the past month makes it seem as if value is becoming harder to come by. While that may be true for stocks like Tesla ...

CALGARY, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company’s 4.689% Series 3 Preferred Shares (the “Series 3 Preferred Shares”) on December 31, 2024 (the “Redemption”). All 10 million Series 3 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $250 million, less required withholdings, if any, funded primar ...

We named Cenovus Energy (NYSE: CVE ) our top pick among Canadian oils earlier this year as we highlighted its potential to pay out ~1/3 of its market cap over the next 2 years after management announced it would return 100% of (excess) FCF. SinceAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving ...

A second Trump administration is likely to affect most, if not all, corners of the stock market, there are few areas expected to be impacted as significantly as the energy sector. Green energy stocks, which had benefited from the Inflation Reduction Act of 2022, experienced a decline immediately following the U.S. election. By contrast, many traditional energy companies have risen in the same timeframe. The energy sector is heavily influenced by the political landscape, and some investors are optimistic tha ...

CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that the Toronto Stock Exchange (“TSX”) has approved the renewal of the company’s normal course issuer bid (“NCIB”) to purchase up to 127,489,549 common shares during the 12-month period commencing November 11, 2024 and ending November 10, 2025. Cenovus’s renewal of its share buyback program is consistent with the company’s capital allocation framework, which supports enhancing value for investors ...

文章核心观点 - 作者专注于分析石油天然气行业,寻找估值被低估的公司投资机会 [1] - 石油天然气行业具有周期性波动特点,需要有耐心和丰富经验 [2] - 作者本人持有部分相关公司的股票或衍生工具 [3] 行业和公司研究 行业特点 - 石油天然气行业具有周期性波动特点,需要有耐心和丰富经验 [2] 公司分析 - 作者专注于分析石油天然气公司,如Cenovus Energy等,研究其财务状况、竞争地位和发展前景 [1] - 作者持有部分相关公司的股票或衍生工具 [3]

文章核心观点 - 作者对加拿大石油天然气行业投资越来越感兴趣 [1] - 作者持有加拿大自然资源公司(CNQ)的长期多头头寸 [2] 公司相关 - 作者自己撰写了这篇文章,表达了自己的观点,没有从任何公司获得报酬 [2] 行业相关 - 过去的业绩不能保证未来的结果,任何投资建议都不能保证适合某个特定投资者 [3] - Seeking Alpha的分析师是第三方作者,既有专业投资者也有个人投资者,他们可能没有得到任何机构或监管机构的认证 [3]