While Calgary sputters, Houston booms [Toronto Globe and Mail (Ontario, Canada)]
Cenovus Energy Inc (CVE)
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Source: Toronto Globe and Mail
While Calgary sputters, Houston booms When Calgary won its bid to host the 223 World Petroleum Congress, it did so by a whisker. Canada’s energy capital beat out Baku, Azerbaijan, by one vote on the fourth ballot of an election among petroleum-producing nations this past June. The triennial event is dubbed the “Olympics of oil and gas,” and Calgary last hosted it in 2. But this victory was extra sweet because in the previous election, the city was defeated by its chief rival, Houston, which will host next year’s event. “What a shot in the arm for the Canadian energy sector,” Calgary Mayor Naheed Nenshi gushed following the vote. “They understood that Calgary remains an epicentre—a global epicentre—for the world oil and gas industry.” Given the drubbing Alberta’s oil sands have taken in recent years, Calgary could sure use the international recognition and the economic boost. Despite Nenshi’s cheerleading, the city is a long way from restoring its cachet as a global energy hub. Canada’
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News
- New Strong Sell Stocks for November 19th [Yahoo! Finance]Yahoo! Finance
- Thursday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Wednesday's Insider Report: CEO invests $1-million in this large-cap dividend stock [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Cenovus Energy Inc. (NYSE: CVE) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Outlook for Cenovus Energy Stock in 2025 [Yahoo! Finance Canada]Yahoo! Finance Canada
CVE
Earnings
- 10/31/24 - Beat
CVE
Sec Filings
- 12/20/24 - Form S-8
- 12/12/24 - Form 6-K
- 12/5/24 - Form SC
- CVE's page on the SEC website