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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

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

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.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > Roads are packed, everyone is
View:
Post by Apollo6666 on Jul 31, 2020 3:53pm

Roads are packed, everyone is

driving. Hard to figure why CVE is not up big time.
Look for better next well.
Still bullish on Cenovus.
DYODD
Comment by LithiumNPV on Jul 31, 2020 6:23pm
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 ...more  
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