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CVE Trades Near 52-Week High: Should Investors Buy the Stock Now?
ZACKS· 2026-05-15 23:35
Key Takeaways Shares of Cenovus Energy Inc. (CVE) ended the latest trading session at $30.15, placing the stock close to its 52-week high of $30.75. Although improving commodity prices have supported momentum across the energy sector, Cenovus' rally appears to be driven by far more than favorable macro conditions. The broader Canadian energy sector has benefited from a constructive environment over the past year. Within that favorable scenario, Cenovus has delivered standout performance. Over the past year, ...