Cenovus Energy Inc
Latest Cenovus Energy Inc News and Updates
Why ConocoPhillips Expects Lower Production in 4Q17
For 4Q17, ConocoPhillips (COP) expects total production (USO) (UNG) in the range of 1,195–1,235 Mboepd (thousand barrels of oil equivalent per day).
BP after Its 2Q15 Earnings: Wall Street Analysts’ Forecasts
Now let’s look at Wall Street analysts’ forecasts for BP following its 2Q15 earnings release.
Must-know: Phillips 66’s chemicals and refining assets
Phillips 66’s (PSX) Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company (or CPChem). PSX owns interest in CPChem’s 35 manufacturing facilities across the world.
Exxon printed investment-grade bonds for the first time in 21 years
Last week, Exxon Mobil issued a five-part $5.5 billion bond consisted of three and five-year fixed and floating rate notes and a ten-year tranche.
Why world economic growth impacts crude oil prices
World economic growth will boost oil consumption, and the demand for crude oil will increase. This will lead to higher crude oil prices in the long term.
Integrated Energy Losses This Week: PTR, YPF, CVE, PBR, and SU
PetroChina (PTR) fell ~7.7% from the previous week’s close of $84.18 to $77.72 on June 14.
Energy Stocks Outdid Oil and the Broader Market Last Week
On March 2–9, 2018, oilfield services stock Superior Energy Services (SPN) rose the most on our list of energy stocks.
Here Are Analysts’ Top 10 Integrated Energy Picks
In this series, we’ll rank the top ten global integrated energy firms based on the “buy” ratings received from Wall Street analysts.
Analyzing Wall Street Targets for DK, ANDV, and CVE
As of November 23, 2017, four of the 14 analysts covering Delek US Holdings (DK) stock gave it a “strong buy” recommendation, and five gave it a “buy.”
Integrated Energy Losers This Week: CVE, PBR, PTR, CEO, and YPF
Cenovus Energy is the biggest loser this week from the integrated energy sector. It has fallen from last week’s close of $11.26 to $10.17 on November 15.
How Are Fallen Angel Bond Sectors Looking Now?
VanEck How the fallen angel sector exposure has made a difference The volume of fallen angel bonds in the market is increased primarily by deteriorating fundamentals of individual investment-grade bond issuers and by economic events that have weakened entire industry sectors (as seen in early 2016 in the energy sector with the aftermath of the […]
Understanding XOM Stock through Implied Volatility
The implied volatility in ExxonMobil (XOM) currently stands at 14%, down from 16% on January 3, 2017.
Analysts’ Recommendations for Shell: Most Say ‘Buy’
Shell’s highest and lowest 12-month price targets stand at $66 and $53. It indicates a 27% and 2% rise from its current levels, respectively.
Suncor: How Analysts Are Rating the Stock after Earnings
An analyst survey shows that six out of eight companies surveyed rated Suncor Energy (SU) an “overweight” or “outperform.”
Why Most Analysts Recommend ‘Holds’ on BP
Analysts’ ratings for BP (BP) show that 31% of those covering the stock rate it as a “buy,” and 61% rate it as a “hold.”
How Petrobras’s Implied Volatility Trended on Its Earnings Day
Petrobras posted its earnings after the Market closed on August 11, 2016. In anticipation of the results, PBR’s implied volatility fell by 3.7% to 61.4.
Majority of Analysts Rate Suncor a ‘Buy’ after 2Q16 Earnings
Analyst surveys show that eight of the nine analysts surveyed rated Suncor (SU) a “buy,” “overweight,” or “outperform.”
Petrobras’s Pre-Earnings Results Implied Volatility
Petrobras’s (PBR) implied volatility currently stands at 62.
Petrobras’s Institutional Holdings, Pre-2Q16 Results
Petrobras’s (PBR) institutional holdings currently stand at ~12%.
Did ExxonMobil’s 3Q15 Earnings Beat Expectations?
ExxonMobil’s (XOM) 3Q15 earnings exceeded expectations, with adjusted earnings per share of $1.01. That was 14% higher than the consensus sell-side analysts’ estimate of $0.89.
Will Pioneer Natural Resources’ Free Cash Flow Improve?
Pioneer Natural Resources’ free cash flows (or FCF) have mostly remained negative in the past 13 quarters.
What Is Pioneer Natural Resources’ Production Trend?
Pioneer Natural Resources’ total production has been on an uptrend in the past 13 quarters.
Did Marathon Oil’s 2Q15 International E&P Segment Perform Better?
Marathon Oil’s International E&P segment’s profits fell due to lower average crude oil realized prices and lower natural gas and NGL production volumes in 2Q15.
ExxonMobil’s Downstream Segment Saves the Day
ExxonMobil’s downstream segment improved remarkably. Earnings more than doubled to $3.17 billion during 1H15 compared to the corresponding period in 1H14.
Why Did ExxonMobil’s 2Q15 Earnings Fall Short of Expectations?
ExxonMobil’s 2Q15 revenues beat Wall Street analysts’ consensus estimates. The adjusted revenue of $74.11 billion was 11% higher than the consensus sell-side estimate of $66.77 billion.
Is EOG Resources’ Debt Rising?
EOG Resources’ long-term debt was $6.39 billion at the end of 1Q15—compared to $5.90 billion in 1Q14. This was a rise of ~8%.
EOG Resources’ Production Volumes and Sales Prices Diverge
EOG Resources’ average crude oil and condensates realized prices fell 36% from 4Q14 to 1Q15. Its natural gas and NGLs’ realized prices fell 26% and 33%.
Marathon Oil Production: Shaky for the Past 3 Years
Marathon Oil’s crude oil and natural gas production took a downward swing over the past 13 quarters. This was led by the dip in Marathon’s international production, primarily in Libya.
Growth in Marathon’s Reserves Slows Down, Reserve Life Steadies
Marathon Oil has witnessed moderate reserves growth over the past three years. Its proved reserves increased 1.2% to 2,198 MMBoe in 2014, from 2,171 MMBoe in 2013.
Production for Pioneer Natural Resources Eases in 1Q15
In 1Q15, Pioneer Natural Resources’ total production decreased 5.6% from 4Q14 to 17.4 million barrels of oil equivalent (or MMBoe).
Growth in Pioneer’s Reserves Doesn’t Match Surging Production
Pioneer’s production growth rate was stronger than its reserves growth in 2014. It would take Pioneer about 11 years to deplete its proved reserves under the 2014 production rate.
Encana Performs Better with 1Q15 Cash Flow
Encana’s (ECA) 1Q15 cash flow from operations was $482 million, or 49% less than the $943 million it recorded in 1Q14.