Cenovus Energy Inc T.CVE

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

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

Post by onec007on Mar 21, 2019 11:34pm

133 Views

Post# 29521065

50 days moving average is closing the gap

50 MA 11.05 200 MA 11.66 Definitely the 50 MA is closing the gap and quickly if the 50 MA can cross above the 200 MA it will be very very bullish. So far the closing price is above both indicators which are great news. I read that CVE is scheduled to release late April which seems early. Key drivers: 1. Cont'd oil withdrawal of inventory 2. China US trade announcement 3. Positive election: Alberta and Federal (Conservatives) 4. Driving season is around the corner 5. Opec+ contd support Let's finally make some money!!!

Bullboard Posts

Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire