Buy 3 Momentum Anomaly Stocks as High Yields, Oil Prices Hit Markets
As oil prices and Treasury yields rattle markets, ENLT, VICR and CVE stand out for strong yearly gains despite recent pullbacks.
CVE - Cenovus Energy Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$36.00
DETAILS
HIGH:
$36.00
LOW:
$36.00
MEDIAN:
$36.00
CONSENSUS:
$36.00
UPSIDE:
9.47%
Stock News
Cenovus Deepens Oil Sands Footprint With MEG Energy, Athabasca Deals
CVE expands its oil sands footprint as Christina Lake North exceeds capacity and its Athabasca deal adds another leg to long-term growth.
Will Cenovus' Athabasca Deal Strengthen Its Oil Sands Growth Story?
CVE's $5.7B Athabasca deal adds 45 MBoe/d, strengthens its oil sands footprint and targets 115 MBPD of thermal output by 2032.
Cenovus Energy Inc. (CVE:CA) M&A Call Transcript
Cenovus Energy Inc. (CVE:CA) M&A Call Transcript
Is the Options Market Predicting a Spike in Cenovus Energy Stock?
Investors need to pay close attention to CVE stock based on the movements in the options market lately.
Cenovus Energy Strikes C$5.7B Deal for Athabasca Oil, Eyes Major Oil Sands Growth
Cenovus Energy (NYSE: CVE) said it has entered into a definitive agreement to acquire Athabasca Oil Corp. in a cash-and-stock transaction valued at approximately C$5.7 billion, or about C$12 per Athabasca share. Chief Executive Officer Jon McKenzie said the proposed acquisition would add a large-scale oil sands resource base and expand Cenovus's long-term thermal production opportunities.
Cenovus Energy Strikes C$5.7B Deal for Athabasca Oil, Eyes Major Oil Sands Growth
Cenovus Energy NYSE: CVE said it has entered into a definitive agreement to acquire Athabasca Oil Corp. in a cash-and-stock transaction valued at approximately C$5.7 billion, or about C$12 per Athabasca share.
Cenovus to buy Athabasca Oil in $4 billion deal to expand oil sands operations
Cenovus Energy Inc (TSX:CVE), the Canadian oil producer, said Monday it would buy Athabasca Oil (TSX:ATH) in a C$5.7 billion (approx. $4 billion) cash-and-stock deal, expanding its Alberta oil sands operations.
Here's Why Cenovus Energy (CVE) is a Strong Momentum Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Cenovus (NYSE: CVE) agrees to buy Athabasca in $5.7 billion deal
What happened Cenovus Energy Inc. (NYSE: CVE) said it agreed to buy Athabasca Oil Corporation in a cash-and-stock deal. Athabasca shareholders can choose $12.00 in cash, 0.264 of a Cenovus common share, or a mix of both. Shareholders who make no election will be treated as if they chose cash. If too many shareholders choose
5 Stocks Riding Strong Price Momentum Into the Final Quarter
PBF, BP, DK, CVE and CBRL combine strong relative price momentum with rising earnings estimates into the final quarter.
Cenovus to buy Athabasca Oil in C$5.7 billion cash-and-stock deal
Cenovus Energy said on Monday it would acquire Athabasca Oil in a cash-and-stock transaction valuing the Canadian oil producer at an implied enterprise value of C$5.7 billion ($4.00 billion).
Cenovus announces agreement to acquire Athabasca Oil Corporation
CALGARY, Alberta, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire Athabasca Oil Corporation (TSX: ATH) (“Athabasca”) in a cash and stock transaction with an implied enterprise value of $5.7 billion.
Athabasca Oil Announces Agreement to be Acquired by Cenovus Energy
CALGARY, Alberta, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has entered into a definitive arrangement agreement (the “Agreement”) with Cenovus Energy Inc. (“Cenovus”), pursuant to which Cenovus will acquire all of the issued and outstanding common shares of Athabasca (the “Athabasca Shares”) for $12.00 per Athabasca Share (the “Purchase Price”) in a cash-and-share transaction (the “Transaction”). The Transaction implies an equity value for Athabasca of approximately $5.8 billion and is expected to close in December 2026.
Cenovus Energy (CVE) Beats Stock Market Upswing: What Investors Need to Know
In the latest trading session, Cenovus Energy (CVE) closed at $31.65, marking a +1.83% move from the previous day.
Here's Why Cenovus Energy (CVE) is a Strong Growth Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Tap These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratios
LCUT, CVE, BP, DLTR and PAGP stand out with attractive EV-to-EBITDA ratios and strong earnings outlook.
Is Cenovus (CVE) a Solid Growth Stock? 3 Reasons to Think "Yes"
Cenovus (CVE) possesses solid growth attributes, which could help it handily outperform the market.
Are Investors Undervaluing Cenovus Energy (CVE) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Oils-Energy Stocks Lagging Cenovus Energy (CVE) This Year?
Here is how Cenovus Energy (CVE) and TotalEnergies SE Sponsored ADR (TTE) have performed compared to their sector so far this year.
Price Targets
Cenovus Energy price target raised to $36 from $32 at Goldman Sachs
$36.00
(was $30.01)
Lake Street
Cenovus Energy price target raised to $22 from $20 at Goldman Sachs
$22.00
(was $19.72)
Goldman Sachs
Cenovus Energy reinstated with a Buy at Goldman Sachs
$20.00
(was $16.92)
Neil Mehta
·
Goldman Sachs
Cenovus Energy resumed with an Outperform at BMO Capital
$29.00
(was $18.13)
BMO Capital
Cenovus Energy price target raised to $32 from $30 at RBC Capital
$32.00
(was $18.13)
RBC Capital
Cenovus Energy price target lowered to $31 from $33 at BMO Capital
$31.00
(was $17.84)
Randy Ollenberger
·
BMO Capital