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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 > On Bnn today
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Comment by JohnSPon Jun 22, 2022 9:03pm
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Post# 34775833

RE:On Bnn today

RE:On Bnn todayThanks, linky: https://www.bnnbloomberg.ca/video/we-are-the-definition-of-energy-security-cenovus-ceo~2470865

12 min video, "Alex Pourbaix, president and CEO of Cenovus, joins Bloomberg Markets as a group of energy executives are in Washington, DC for talks on energy security. He says the focus is not so much on infrastructure, but rather about how Canadian barrels can continue to supply global markets."

Questions were random, hard for Alex to get message across, basically a PR trip for Cdn oil sands and it's decarbonization by him and sounded like other Cdn HO CEO.

Nothing significant investor wise except 1) egress is not an issue, Line 3 helped, TMX in 2023, currently have rail car spare capacity, 2) not investing in green energy as lots of companies doing that and IEA says oil will be in demand, goal is decarbonization such that Cdn oil is preferred barrel globally.
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