Cenovus Energy Inc (CVE)
27 Mar 2015
CALGARY, Alberta, Feb 17 - Cenovus Energy Inc , Canada's No. 2 independent oil producer, said on Tuesday it has agreed to sell 67.5 million shares to a group of underwriters as it seeks to raise about C$1.5 billion ($1.21 billion) for its 2015 capital spending budget as oil prices remain weak.
- Rig contractor Hercules Offshore Inc said it slashed its workforce by nearly a third and cut salaries, as the company keeps a tight leash on costs to counter a fall in demand due to a slump in crude oil prices.
* Shares rise as much as 13 pct (Adds details from conference call, updates shares)
CALGARY, Alberta, Feb 12 - Cenovus Energy Inc , Canada's second-largest independent oil producer, said on Thursday it will cut about 800 jobs and may slash its 2015 capital budget for a third time if oil prices continue to weaken.
CALGARY, Alberta, Feb 12 - Cenovus Energy Inc , Canada's No. 2 independent oil producer, said on Thursday that it could cut another C$500 million ($400.6 million) from its 2015 capital spending budget if oil prices fall further.
Feb 12 - Cenovus Energy Inc, Canada's second-largest independent oil producer, said it would cut 15 percent jobs and reported a much bigger quarterly loss, hurt by weak oil prices.
Jan 28 - Cenovus Energy Inc Canada's No. 2 independent oil producer, cut its 2015 capital budget by C$700 million ($562.5 million) on Wednesday, blaming plunging crude oil prices.
Jan 28 - Cenovus Energy Inc, Canada's No. 2 independent oil producer, cut its capital spending budget for 2015 in response to the slump in crude oil prices.
Dec 11 - Cenovus Energy Inc, Canada's No. 2 independent oil producer, said on Thursday it plans to live within its means next year to cope with weak oil prices, cutting capital spending by 15 percent and slowing the expansion of its suite of oil sands projects in northern Alberta.
Dec 11 - Cenovus Energy Inc , Canada's No. 2 independent oil producer, said it plans to reduce capital spending by about 15 percent in 2015 as global oil prices plunge.
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Earnings vs. Estimates
Analyst Research Reports
Cenovus Energy Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Validea Guru Analysis Report for CVE. Analysis using Validea's interpretation of the published quantitative strategies of well-known Wall Street experts including Peter Lynch, Warren Buffett, Ben Graham and Ken Fisher, among others.
Provider: Thomson Reuters Stock Report
Trading Report for (CVE). A detailed report, including free correlated market analysis, and updates.
Provider: Stock Traders Daily
Provider: S&P Capital IQ – STARS Reports
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