Tag: CVE
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5 TSX Stocks That Are Beating the Market in 2026
Five large-cap stocks on the Toronto Stock Exchange have outpaced the broader market significantly to start 2026, with each gaining at least 20% while the index remains up roughly 5%. These top performers represent various sectors, including precious metals, uranium, and oil and gas, reflecting a strong investor preference for commodities and energy. While some Read more
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Canadian Stocks That Beat the Market in the Last Crash
These TSX stocks all rose by more than 15% in 2022 The possibility of a recession, while not yet official, is a growing concern for many investors in Canada. In times of economic uncertainty, the stock market can become volatile, leading investors to seek out assets that offer stability and a hedge against a downturn. Read more
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Strathcona Backs Off MEG Energy Acquisition. Path Looks Clear for Cenovus Deal.
The past couple of months saw a heated corporate battle for MEG Energy Corp. (TSX:MEG) , beginning when Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) announced a friendly $7.9 billion acquisition (including assumed debt) on August 22, 2025. The initial cash and stock offer valued MEG at $27.25 per share, with consideration structured as 75% cash and 25% Read more
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Cenovus Delivers Strong Q2 Operations, Advances Growth Projects
Key Numbers from Q2 Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) reported solid second-quarter 2025 operational results last month, despite lower oil prices and planned maintenance. Cash from operating activities climbed to $2.4 billion, driven by efficient turnaround execution and working capital releases, though adjusted funds flow fell to $1.5 billion as production averaged 765,900 BOE/d, reflecting maintenance 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