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 | CNVEF | CVE.WS | CVE | T.CVE.PR.A | T.CVE.PR.B

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 > US REFINING Was BIG WEIGH DOWN On FREE CASH FLOW !

<< Previous

Bullboard Posts

Next >>

Comment by ztransforms173on Feb 15, 2024 8:14am

202 Views

Post# 35881395

RE:US REFINING Was BIG WEIGH DOWN On FREE CASH FLOW !

- so, they DEFINITELY CUT BACK US REFINING OUTPUT in DECEMBER 2023 DUE TO LOW 3-2-1 CRACK SPREADS which were about USD 10+ per BARREL in DECEMBER 2023 in the CHICAGO MARKET

- the $ 430 million in FIFO ACCOUNTING LOSSES will be REVERSED IN THE FUTURE when there is a REVERSAL in PRICING

z173

<< Previous

Bullboard Posts

Next >>

This junior mining stock offers billions in market exposure