Cenovus Energy Inc T.CVE.WT

Primary Symbol: T.CVE Alternate Symbol(s): CVE.WS | CVE | T.CVE.PR.A | T.CVE.PR.B | 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. 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 > Eric Nuttall - Tuesday April 2 - 12 pm Eastern

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Comment by Quintessential1on Mar 29, 2024 11:22am

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Post# 35960112

RE:RE:Eric Nuttall - Tuesday April 2 - 12 pm Eastern

Ditto. The constant $100 oil thesis and they can buyback all of their shares by 2026 gets old.

The boy who cried wolf can work both ways if you do it long enough and loud enough.

I love a perma-bull but a dose of reality mixed in now and then helps keep it believable.

Regardless, price targets are now being raised and oil demand is on the incline for summer.

CVE should be able to to pay down debt a little quicker as we go and buybacks still happening under $30 CAD will help after it pops over $30 CAD. We'll see what they do then.

GLTY and all