Bet_Noire
Cenovus Energy Inc. (NYSE:CVE) stock has lagged its large oil sands peers—badly. Since the beginning of 2023, it's gained 6.97%, versus 36.92% and 27.20% for Canadian Natural Resources (CNQ) and Suncor Energy (SU), respectively.
CVE fell out of
Outperform!
At HFIR MLPs, we strive to outperform with every pick recommendation. Since our inception, the HFIR MLPs portfolio has returned 116.0% with a return of 79.4% YTD. Here's how our individual stock picks have done:
HFIR Research is a full-time professional energy investor, active in the sector since 2015 while specializing in deep value opportunities and special situations. He has managed a private investment partnership since 2007 and has a long professional history in finance, having served in various roles in the industry since 2000.
He runs the investing group HFI Research Energy Income where he works to outperform the benchmark of the Alerian MLP Index, by investing in energy stocks for income and growth. Features of the service include: 4-6 exclusive idea write-ups per month, real-time portfolio tracking including what to buy, when the dividend will be paid, tax implications and positional weighting, fundamental data pertaining to MLPs, and 24/7 direct communication with the HFI Research team to ask questions. Learn more.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CVE, SU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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