Is Cenovus Energy Inc (USA) (CVE) Going to Burn These Hedge Funds?

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Diamond Offshore Drilling Inc (NYSE:DO) 17 0 0
Concho Resources Inc. (NYSE:CXO) 27 0 0
ENSCO PLC (NYSE:ESV) 30 0 0
Transocean LTD (NYSE:RIG) 41 0 0
Seadrill Ltd (NYSE:SDRL) 17 0 0

Using the returns demonstrated by the previously mentioned studies, average investors should always pay attention to hedge fund and insider trading activity, and Cenovus Energy Inc (USA) (NYSE:CVE) is no exception.

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