CVE Trades Near 52-Week High: Should Investors Still Buy the Stock?
Cenovus能源Cenovus能源(US:CVE) ZACKS·2026-01-22 02:56

Key Takeaways CVE is approaching a 52-week high, backed by strong operations and steady production growth.A portfolio of sanctioned projects supports production of 1M BOE/d by 2027-2028 without new approvals.The MEG Energy deal adds 100 Mbbls/d and is expected to deliver 400Minsynergiesby2028.CenovusEnergyInc. (CVE)isclosinginonits52−weekhighof400M in synergies by 2028.Cenovus Energy Inc. (CVE) is closing in on its 52-week high of 18.75, finishing the most recent session at $17.68. While the stock’s steady rise has coincided with recent upward movement in commodity prices, the ...