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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE.WT


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

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

TSX:CVE - Post Discussion

Cenovus Energy Inc > OIL vs EV
View:
Post by andy604 on Jan 19, 2024 12:16pm

OIL vs EV

OIL is doing fine, prices are doing badly,, CVE /ATH, Ottawa is putting all our money into EV Batteries, $40b+++, Tesla and ford announced cutbacks, lowered prices, and now there is a push back to gas vehicles, why is oil down?  The big money managers suggest recession/china/ inflation, but oil still is slowly climbing up till the big move come spring... Oil is on sale.
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Opinion: Ottawa is putting all our eggs in an EV battery basket

Opinion by Special to Financial Post • 6h
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