Cenovus Energy Inc T.CVE

Alternate Symbol(s): T.CVE.W | CVE.WS | CVE | CNVEF | T.CVE.P.A | T.CVE.P.B | T.CVE.P.C | T.CVE.P.E | T.CVE.P.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.

TSX:CVE - Post by User

Cenovus Energy Inc

Bullboard Posts

Comment by shambano1on Feb 22, 2017 8:24pm

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Post# 25880492

RE:RE:Time to Look at Cenovus Energy (T.CVE)

Cash is a safety net for now, and they are very conservative. They have expanded capital budget in 2017 and if conventional works out well, then they will expand more in 2018 if prices hold up. I don't mind them being conservative, makes for a lesson volatile SP, I hope. Good value for the money right now considering they are growing production in 2017 /18.

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle