Cenovus shareholders set for another good year, even if oil prices remain static

Jason Bouvier, an analyst at Bank of Nova Scotia, took a closer look at Cenovus Energy Inc. and found that the producer can generate a safe base dividend with oil prices at just $50 a barrel.Jeff McIntosh/The Canadian Press Canadian energy stocks have retreated since early November, weighed down by stumbling crude oil prices and economic uncertainty. But there's good news for dividend-focused investors here: The hefty distributions that have flowed from the energy sector in 2022 should continue to delight shareholders next year as well, even if the price of oil fails to embark upon a fresh winning streak….