Cenovus Energy is an energy company. Co. is engaged in crude oil and natural gas producer and refiner and upgrader, with operations in Canada, the U.S. and the Asia Pacific region. Co.'s reportable segments include: Oil Sands, which includes the development and production of bitumen and heavy oil in northern Alberta and Saskatchewan; conventional segment, which includes assets rich in natural gas liquids and natural gas within the Elmworth-Wapiti, Kaybob-Edson, Clearwater and Rainbow Lake operating areas in Alberta and British Columbia; offshore segment, which includes operations, exploration and development activities in offshore China and the east coast of Canada. The CVE YTD return is shown above.
The YTD Return on the CVE YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether CVE YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CVE YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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