Today: 23 May 2026
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TSX:CVE 3 December 2025 - 4 May 2026

Cenovus Energy Stock Climbs Before Q1 Results as CIBC Puts MEG Deal in Focus

Cenovus Energy Stock Climbs Before Q1 Results as CIBC Puts MEG Deal in Focus

Cenovus Energy shares climbed 2.9% to C$40.96 in Toronto after CIBC Capital Markets reaffirmed an outperformer rating and set a C$46 target ahead of first-quarter results. CIBC estimated quarterly production at 962,000 barrels of oil equivalent per day and projected cash flow per share of C$1.63, above consensus. Cenovus will report results May 6, its first full quarter including former MEG Energy assets.
4 May 2026
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Cenovus Energy Stock Hits 52-Week High as Oil Prices Surge Toward $100

Cenovus Energy Stock Hits 52-Week High as Oil Prices Surge Toward $100

Cenovus Energy shares rose 4.6% to C$32.18 Thursday, hitting a 52-week high as oil neared $100 a barrel amid record supply disruptions from Middle East conflict. The company forecast 2026 upstream production of up to 985,000 boepd after acquiring MEG Energy. Broader markets fell, but energy stocks surged. Goldman Sachs raised oil price forecasts, citing ongoing risks to Strait of Hormuz flows.
13 March 2026
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Cenovus Energy Stock Price Hits 52-Week High as Oil Tops $100

Cenovus Energy Stock Price Hits 52-Week High as Oil Tops $100

Cenovus Energy shares hit a 52-week high Thursday as Brent crude topped $100 a barrel after new Middle East attacks. The stock closed at C$32.34 in Toronto, up C$0.16. Cenovus remains exposed to oil price swings, with net debt at C$8.3 billion and major turnarounds planned in 2026. Rival oil sands producers, including Suncor and Canadian Natural, also expect higher output.
12 March 2026
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Cenovus Energy Stock in December 2025: How Q3 Results, the MEG Deal and a $2.6 Billion Refi Are Reshaping CVE’s Outlook

Cenovus Energy Stock in December 2025: How Q3 Results, the MEG Deal and a $2.6 Billion Refi Are Reshaping CVE’s Outlook

Cenovus Energy posted record Q3 2025 production at 832,900 barrels of oil equivalent per day and reported C$2.1 billion in operating cash flow. Shares closed at C$24.56 on the TSX and US$17.57 on the NYSE, with recent trading showing volatility after a failed breakout above US$18.61. The company completed a multibillion-dollar acquisition of MEG Energy and renewed its share buyback program.
3 December 2025
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Stock Market Today

  • ZKH Group Q1 2026 Loss Narrows to C¥10.1m Amid Mixed Profitability Signals
    May 23, 2026, 6:14 AM EDT. ZKH Group (NYSE:ZKH) reported Q1 2026 revenue of C¥2.1 billion and a basic EPS loss of C¥0.06. Trailing 12-month figures show a net loss narrowing to C¥83.1 million from C¥268 million in Q4 2024, with revenue stable near C¥9.2 billion. Improvements link to higher private label mix and AI efficiencies, supporting a 43.9% multi-year earnings growth rate despite continued losses. Earnings per share have fluctuated, with concerns over volatility and fragile profitability. Bears highlight narrow quarterly profits and persistent trailing losses as risks, with a low price-to-sales ratio of 0.3x versus industry peers and a significant gap to a discounted cash flow fair value of US$15.27, suggesting the stock may be undervalued but exposed to execution risks.

Latest articles

Gold Price Near $4,830 Faces Monday Test After Hormuz Reversal Revives Safe-Haven Risk

Gold Watch: $4,500 Level in Focus for Next Move

23 May 2026
Gold ended Friday at $4,508.50 an ounce, down 0.74% for the day and logging a second weekly drop as renewed Fed rate-hike bets and oil-driven inflation fears weighed on prices. Spot silver fell 1.52%, platinum 2.49%, and palladium 2.98%. U.S. markets face a holiday-shortened week ahead, with Memorial Day closures on Monday. Physical demand in India and China remained weak amid Fed anxiety and a strong dollar.
XRP ETFs Hit $1.53 Billion as Bitwise Pulls Ahead, but the Chart Has a Catch

XRP in Focus After Weekend Pullback; Traders Watch $1.30 as ETF Flows Stay Strong

23 May 2026
XRP dropped to $1.31 Saturday, down 3.9% in 24 hours and 7.4% over seven days, underperforming the broader crypto market. Trading volume reached $2.16 billion, with a market value near $81 billion. U.S. equity and listed crypto products will remain closed for Memorial Day on May 25. The SEC’s case against Ripple Labs ended in August 2025 with a $125 million fine and an injunction on institutional XRP sales.
Bitcoin Price Today Slips Below $70,000 as CPI Looms and Iran Risks Keep Traders on Edge

Bitcoin could test $75,000 as markets look ahead to Wall Street reopening

23 May 2026
Bitcoin fell to $74,594 on Saturday, down 3.3% after U.S. spot bitcoin ETFs saw five straight days of outflows. Ether dropped 4.3% to $2,026.64. The decline came as U.S. markets closed for the holiday weekend and bond yields hit multi-year highs. Coinbase shares closed Friday at $184.99, down 4.4%.
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