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Cenovus Energy Inc T.CVE

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

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

Post by Power1on Jan 18, 2024 9:19am
266 Views
Post# 35833254

Short Positions

Short PositionsJust looking at short positions that jumped up considerably between Dec 15 and Dec 31. 

The contrarian in me likes how this is looking.  Buy when it hurts! 

Perhaps a short squeeze coming in the new future

Symbol Report Date Volume Change Shares Issued % Float
T : CVE 2023-12-31 26,596,542 6,517,550 1,875,668,853 1.42
T : CVE 2023-12-15 20,078,992 -3,249,139 1,882,786,392 1.07
T : CVE 2023-11-30 23,328,131 -1,252,699 1,882,786,392 1.24
T : CVE 2023-11-15 24,580,830 -1,456,706 1,882,786,392 1.31

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