Cenovus Energy Inc. (NYSE:CVE) is listed among the 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term. RBC Capital raised its price target for CVE to C$32 from C$30, maintaining an Outperform rating on the stock. In Q3, CVE reported total revenues of C$13.2 billion, with upstream revenues at C$6.7 billion and downstream revenues at C$8.4 billion. The company returned C$1.3 billion to shareholders in the quarter.

Cenovus Energy Inc. (NYSE:CVE) continued to prioritize shareholders by returning C$1.3 billion in Q3, including C$918 million through share repurchases and C$356 million in dividends. Upstream production hit a record 832,900 BOE/d, with Oil Sands production reaching approximately 642,800 BOE/d. CVE is an integrated energy company involved in developing, producing, refining, transporting, and marketing crude oil, natural gas, and refined products.

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Read more at Yahoo Finance: RBC Capital Raises Cenovus (CVE) Price Target to C$32, Maintains Outperform Rating