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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

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

Comment by mrbbon Dec 28, 2021 7:51pm
144 Views
Post# 34266327

RE:RE:RE:Oil Prices

RE:RE:RE:Oil Prices

we were heading to $90 oil before omicron killed the momentum.

I'm pro medical choice, each of us should be free to choose our medical options and defense. Pro vacciners, pro maskers shouldn't be afraid of no mask and non vaccinated since the former are protected, if they believe in them in the first place. Since it is now come to light vaccinated aren't immune to covid infection, the vaxxed were sold on a lie. From denamrk data, the vaxxed are at least 2X more prone to get omicron than nonvaxxed, that's a fact.  What are variants? Variants are mutation of virus in response to vaccine attack, hence variants mutate to survive the vaccine and/or even try to kill off the vaccinated because that's their enemy.  

oilandgasmick wrote: I wouldn't be surprised if we saw 90 bucks by summer.

Governments are going to be more conservative now in terms of large scale shutdowns as skepticism continues to grow.

I am pro-vaccine and pro-masks but I sense that the public is growing tired of this "crying wolf" chorus that erupts the moment that a new variant shows up-- and that is seen in the price this morning.

Also, Ecuador and Libya are having production problems similar to those seen in West Africa so what excess capacity really exists out there? I believe that this is the year that the question of excess capacity comes under closer scrutiny especially with the under-investment in the energy business.

Its going to be a good year and when the 1st results are released in May we should be at the $8B target. That will add 2 bucks per share minimum.

 

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