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Are you looking to buy Cenovus Energy stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy TSE:CVE! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Cenovus Energy stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States. The company operates through Oil Sands, Deep Basin, and Refining and Marketing segments. The Oil Sands segment develops and produces bitumen in northeast Alberta. Its bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as other projects in the early stages of development. The Deep Basin segment holds assets primarily located in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas of British Columbia and Alberta, as well as various interests in natural gas processing facilities. The Refining and Marketing segment transports, sells, and refines crude oil into petroleum and chemical products. This segment owns a 50% ownership in Wood River and Borger refineries located in the United States; and owns and operates a crude-by-rail terminal in Alberta. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
Average volume
8.16 million shs
MARKET CAP
C$16.50 billion
Stock exchange
TSE
Buy this stock!
- Stephen Johnson
- June 23, 2021
- No Comments
How to buy Cenovus Energy stocks?
Below is a quick guide on how to buy TSE:CVE stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Cenovus Energy shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Cenovus Energy – Search for “”TSE:CVE”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Cenovus Energy stocks with 0% commission!.
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Is Cenovus Energy a buy right now?
14 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Cenovus Energy in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Cenovus Energy stock.
What stocks does BAMagazine like better than Cenovus Energy?
Wall Street analysts have given Cenovus Energy a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Cenovus Energy wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Cenovus Energy stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing TSE:CVE stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Cenovus Energy stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Cenovus Energy stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Cenovus Energy stocks
Now that you’ve funded your eToro account, just type “TSE:CVE stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy TSE:CVE
All that’s left is to buy some TSE:CVE stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, TSE:CVE is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Cenovus Energy stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Cenovus Energy’s next earnings date?
Cenovus Energy is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Cenovus Energy.
How has Cenovus Energy’s stock price been impacted by Coronavirus?
Cenovus Energy’s stock was trading at C$4.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CVE stock has increased by 95.4% and is now trading at C$8.13.
How often does Cenovus Energy pay dividends? What is the dividend yield for Cenovus Energy?
Cenovus Energy announced a quarterly dividend on Wednesday, February 12th. Stockholders of record on Friday, March 13th will be paid a dividend of 0.063 per share on Tuesday, March 31st. This represents a $0.25 annualized dividend and a dividend yield of 3.10%. The ex-dividend date is Thursday, March 12th. This is a positive change from Cenovus Energy’s previous quarterly dividend of C$0.06.
View Cenovus Energy’s dividend history.
Is Cenovus Energy a good dividend stock?
Cenovus Energy pays an annual dividend of C$0.13 per share and currently has a dividend yield of 8.80%. CVE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Cenovus Energy’s dividend history.
Where to Buy Cenovus Energy Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying TSE:CVE stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
What price target have analysts set for CVE?
14 brokers have issued 12-month price objectives for Cenovus Energy’s shares. Their forecasts range from C$6.00 to C$13.00. On average, they expect Cenovus Energy’s stock price to reach C$9.00 in the next year. This suggests a possible upside of 10.7% from the stock’s current price.
View analysts’ price targets for Cenovus Energy or view top-rated stocks among Wall Street analysts.
Who are Cenovus Energy’s key executives?
Cenovus Energy’s management team includes the following people:
Mr. Alexander J. Pourbaix, CEO, Pres & Director (Age 55, Pay $3.18M)
Mr. Jonathan M. McKenzie, Exec. VP & COO (Age 53, Pay $1.47M)
Mr. Joseph Drew Zieglgansberger, Exec. VP of Upstream  Conventional & Integration
Mr. Jeffrey Ryan Hart, Exec. VP & CFO
Ms. Sherry A. Wendt, Director of Investor Relations
Mr. Gary Frederick Molnar, Sr. VP of Legal, Gen. Counsel & Corp. Sec.
Mr. Kam S. Sandhar CA, Exec. VP of Strategy & Corp. Devel.,
Ms. Rhona Delfrari, Chief Sustainability Officer & Sr. VP of Stakeholder Engagement
Ms. Sarah J. Walters, Exec. Vice-Pres of Corp. Services
Mr. Keith A. Chiasson, Exec. Vice-Pres of Downstream
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Who are some of Cenovus Energy’s key competitors?
Some companies that are related to Cenovus Energy include BP (BP), Suncor Energy Inc. (SU.TO) (SU), Imperial Oil Limited (IMO.TO) (IMO), Husky Energy Inc. (HSE.TO) (HSE), Quadrise Fuels International plc (QFI.L) (QFI), XXL Energy (XL), Prospera Energy (GXR), Relentless Resources (RRL) and Wolf Petroleum (WOF).
View all of CVE’s competitors.
What other stocks do shareholders of Cenovus Energy own?
Based on aggregate information from BAMagazine research, some companies that other Cenovus Energy investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy Inc. (VET.TO) (VET), Air Canada (AC.TO) (AC), AbbVie (ABBV), The Toronto-Dominion Bank (TD.TO) (TD), Intelsat (I) and Bank of America (BAC).
What is Cenovus Energy’s stock symbol?
Cenovus Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol “CVE.”
How do I buy shares of Cenovus Energy?
Shares of CVE and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor’s Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
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What is Cenovus Energy’s stock price today?
One share of CVE stock can currently be purchased for approximately C$8.13.
How much money does Cenovus Energy make?
Cenovus Energy has a market capitalization of C$16.40 billion and generates C$14.64 billion in revenue each year.
How many employees does Cenovus Energy have?
Cenovus Energy employs 2,361 workers across the globe.
What is Cenovus Energy’s official website?
The official website for Cenovus Energy is www.cenovus.com.
Where are Cenovus Energy’s headquarters?
Cenovus Energy is headquartered at 500 Centre Street SE, Stn M PO Box 766, CALGARY, AB T2P 0M5, Canada.
How can I contact Cenovus Energy?
Cenovus Energy’s mailing address is 500 Centre Street SE, Stn M PO Box 766, CALGARY, AB T2P 0M5, Canada. The company can be reached via phone at +1-403-7662000.
More information
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Frequently asked questions
How to buy Cenovus Energy stock?
The safest and easiest way to buy TSE:CVE stock is by using a regulated broker like eToro. You can open an account with the platform, make a deposit and buy this stock all in under 5 minutes from start to finish. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:CVE stocks in a safe and complete environment.
Where to buy Cenovus Energy stock?
You will first want to find a licensed broker that supports TSE:CVE stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:CVE stocks in a safe and complete environment.
Is TSE:CVE stock a good investment?
As with any other asset, there is an element of risk associated with buying TSE:CVE stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Cenovus Energy stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with TSE:CVE is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Cenovus Energy stock.
How do you trade Cenovus Energy stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Cenovus Energy stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on TSE:CVE stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Cenovus Energy stock?
To sell your TSE:CVE stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Cenovus Energy stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading TSE:CVE stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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