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Cenovus Energy Inc T.CVE.WT


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

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

Comment by ztransforms173on Feb 02, 2024 10:58am
196 Views
Post# 35859459

RE:RE:WHITING Refinery TRANSFORMER FAILURE Will BOOST CVE MARGINS

RE:RE:WHITING Refinery TRANSFORMER FAILURE Will BOOST CVE MARGINS- the US DOWNSTREAM REFINING OPERATIONS are PROGRESSING VERY WELL towards a GOOD NORMALIZED OPERATING MARGIN POSTURE 

- they are VERY VALUABLE ASSETS that will DELIVER GREAT RETURNS ON INVESTMENT as the US is ENTERING an UNDER REFINERY PROCESSING STRUCTURE

* a LARGE US EAST COAST refinery BLEW UP (from FIRE) and was DEMOLISHED and NEVER REBUILT CURTAILING US refinery CAPACITY

* many US refineries SUFFER RELIABILITY PROBLEMS as they have RUN HARD in the LAST FEW YEARS and NEVER REALLY GOT the MAINTENANCE CAPEX that they DESERVED 

- in this environment, WELL RUN CVE and JV PSX refineries will GENERATE OUTSTANDING OPERATING MARGINS

z173


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