Cenovus is still better for new buying

We like Encana and Cenovus, mainly due to their high-quality reserves and low operating costs. However, Encana’s exposure to weak gas prices hurts its appeal.
ENCANA CORP. $15 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 971.0 million; Market cap: $14.6 billion; Price-to-sales ratio: 3.6;… Read More

Two big energy producers: 1 buy, 1 hold

ENCANA CORP. $13.46 (Toronto symbol ECA; Shares outstanding: 973.1 million; Market cap: $13.5 billion; TSINetwork Rating: Average; Dividend yield: 0.6%; www. encana.com) has four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas). In addition to natural gas, these fields… Read More

Cenovus ramps up oil sands output

CENOVUS ENERGY INC. $10 (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.2 billion; Market cap: $12.0 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.0%; TSINetwork Rating: Extra Risk; www.cenovus.com) acquired 100% of its main oil sands properties in Alberta—Christina Lake and Foster Creek—in… Read More