Investors Finding Comfort in Uptrend Volume (NYSE:CVE, NYSE:ERF, NYSE:CNQ, NYSE:SU)
January 16, 2014 at 11:03 AM EST
New York, NY -- (SBWIRE) -- 01/16/2014 -- Cenovus Energy Inc (USA) (NYSE:CVE) reported EPS of 0.805. For the Current Fiscal year, the company is expected to report EPS of 1.62. For the Next Quarter and Next Year, the company is expected to report EPS of 0.39 and 1.66 respectively. At Current Market Price, CVE is in distance of -4.12% from its 50-day Moving Average price of $28.297 and -7.16% from its 200-day Moving Average price of $29.2217. Cenovus Energy, Inc. is Canadian integrated oil company. The Company’s operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface. It also has natural gas and oil production in Alberta and Saskatchewan.
