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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE.WS | CNVEF | CVE | 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.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > getting pummelled in the US today? WTF
View:
Post by bassfishing88 on Jul 01, 2022 10:42am

getting pummelled in the US today? WTF

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Comment by JohnSP on Jul 01, 2022 10:47am
As are all Oilpatch stocks, yet WTI is up today.
Comment by Quintessential1 on Jul 01, 2022 12:27pm
Yup....what a great day to buy if you could.  They won't be able to hold it down when the Q2 ER numbers are released.   At least the divy slid through on the holiday.  Mine never shows up on payday. GLTA and Happy Canada Day!
Comment by rad10 on Jul 03, 2022 6:59am
Late July for Q2.  It's a fairly safe bet - compared to just a couple of years ago. Record free cash flow, buybacks and debt repayment.  Difficult to explain this stock price.
Comment by Diligent2 on Jul 05, 2022 11:38am
Citi has been calling over supplied since I was a baby. They are owned by the democrats. Ignore a well financed shorting machine when the real market inventories show depletion and drops. I see no slowdown anywhere, rather busy everywhere i go. Restaurants, movies, golf ,no one is cutting back.It the american pros trying to get oil down. I don't believe it, I am long!!!!
Comment by meritmat on Jul 05, 2022 1:15pm
These companies better be hitting the buy button on there share buy backs 
Comment by mrbb on Jul 05, 2022 11:05pm
that's right.  At current valuation, it's better return on capital for oil/gas companies to buy back their reserves than go explore, drill or dig for new reserves.