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Cenovus Energy Inc T.CVE

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

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 > Roads are packed, everyone is
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Comment by LithiumNPVon Jul 31, 2020 6:23pm
130 Views
Post# 31352392

RE:Roads are packed, everyone is

RE:Roads are packed, everyone is
Apollo6666 wrote: driving. Hard to figure why CVE is not up big time.
Look for better next well.
Still bullish on Cenovus.
DYODD

They really in all honesty can't make money below $45 WTI and their profits are marginal at $50. They really need $60 to be a viable business. The CEO said the company is really good at $60. If you want a company at $60 oil this is the one. Unfortunately it will never get to $60, not even close, so it is a struggling enterprise day in day out. The oil industry in Canada is getting slammed by oil companies around the world, wanting nothing to do with expensive polluting oil.

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