Cenovus Energy Inc T.CVE.P.A

Primary Symbol: T.CVE Alternate Symbol(s): CVE | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G | CNVEF | CVE.WS | T.CVE.WT

Energy Oil & Gas Integrated

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.

TSX:CVE - Post by User

Cenovus Energy Inc > CVE/ATH

<< Previous

Bullboard Posts

Next >>

Post by andy604on Mar 17, 2024 9:39pm

331 Views

Post# 35937605

CVE/ATH

Well its a very logical marriage on these points:
1/ They are partners in the Duvernay [roject
2/ ATH has tax pools of approx $3b
3/ ATH 1.2 billion B/O/E in place
4/ ATH no debt to speak of
5/ CVE has all the goods to buy, plus they have refineries for ATH to fill their quota
6 ATH has 100 yrs of oil
7/ At $7 a share would cost CVE or others 3.7 b, the tax pool would be seen as a big plus. The buy would probably end up a little more if oil contiues to rise
I would advise you to read both presentations on CVE and ATH, any other comments , this my own views,

<< Previous

Bullboard Posts

Next >>

Snowline Gold's big Valley deposit sits on less than 0.01% of its land