Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE.PR.B

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

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.... see more

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TSX:CVE - Post Discussion

Cenovus Energy Inc > GUTSY MOVE By CEO: BUYS 50,000 CVE @ $ 29.25

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Post by ztransforms173 on Apr 09, 2024 7:49pm

GUTSY MOVE By CEO: BUYS 50,000 CVE @ $ 29.25

from SEDI:

Filed 2024-04-09 15:56 Tx date 2024-04-09	$CVE Cenovus Energy Inc.	McKenzie, Jonathan Michael 5 - Senior Officer of Issuer Direct Ownership	Common Shares 10 - Acquisition or disposition in the public market	$1,462,500 +50,000 vol $29.25 each	787,038

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- I GUESS that he is 'EXPECTING' CVE to HIT A HOME RUN in the US REFINING UNIT

- 125,000 bbls/d BOOKED EGRESS on the TMX pipeline will REALLY PUMP UP the FREE CASH FLOW

- I APPLAUD HIM FOR HIS COURAGE

- I am STILL HOLDING STRONG

z173

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Comment by Megasupreme on Apr 10, 2024 12:58pm

Not so gutsy if you have insider info of what Q1 will look like.

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Comment by ztransforms173 on Apr 10, 2024 1:27pm

- so WHY are the OTHER NEOs SELLING while the CEO is BUYING ? - they ALSO have INSIDER INFORMATION - Q1/2024 is OVER and they have BLACKOUT PERIODS - NO, the CVE CEO is a SOPHISTICATED TRADER and NOT ALL SENIOR EXECUTIVES have the KNACK for STOCK TRADING in their OWN COMPANIES - JM does NOT have TO DO THIS, he has PLENTY of PSUs, RSUs and OPTIONS to GENERATE WEALTH - you ...more

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