Cenovus Energy Inc T.CVE.WT

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

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.

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Cenovus Energy Inc > Tmo earnings

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Comment by Pat123on Nov 02, 2023 9:26am

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Post# 35713141

RE:RE:Tmo earnings

I've been holding CVE since November 2020. Very impressed by the timing of the Husky deal. The debt reduction was also very good until a few quarters ago. Alex Pourbaix is top notch. However, proposing a fcf 100% redistribution was an illusion. Now, it's clear that don't have a real desire to so. Current debt level is manageable. Net debt is 6B a decrease of only 400M vs Q2. I wanted to sell shares a year ago but the possibility of a big div increase coming from the 100% fcf kept me in.

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This junior mining stock offers billions in market exposure