Category: Oil and Gas Stocks
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Enbridge Increases Dividend by 3%
Enbridge announced today that it’s increasing its dividend by 3%. With the increase, the company has now raised its payout for 30 straight years. What’s also promising is that the company announced strong guidance for 2025. Not only does the company say that it’s on track to hit the high end of its guidance for Read more
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Cenovus Energy Posts Resilient Q3 Amid Maintenance Hurdles
Financial Overview Cenovus reported robust third-quarter results, generating nearly $2.5 billion in cash from operations, down from $2.8 billion in Q2 due to lower oil and gas prices. Adjusted funds flow reached $2.0 billion, and free funds flow came in at $614 million. Net earnings were $820 million, or $0.42 per share, slightly lower than Read more