Cenovus Energy Inc T.CVE

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

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.

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Cenovus Energy Inc > WHITING Refinery TRANSFORMER FAILURE Will BOOST CVE MARGINS

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Comment by cashtango00on Feb 02, 2024 11:17am

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Post# 35859538

RE:RE:RE:WHITING Refinery TRANSFORMER FAILURE Will BOOST CVE MARGINS

As a shareholder, I hope you are right, because so far, the US refineries have been a money pit with little reward. That trend has continued into q4 financials. This is a company with great upstream and continued disappointing downstream. Perhaps CNQ had it right by staying away from downstream and just focusing on what they are really good at.

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