Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

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

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TSX:CVE - Post Discussion

Cenovus Energy Inc > Again lagging the sector....

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Post by bassfishing88 on Jul 18, 2022 12:59pm

Again lagging the sector....

MEG 4.93%
VET 7.53%
ARX 8.43%
CPG 6.60%
BTE 7.53%
WCP 5.40%
AND CVE 3.27% AS I AM WRITING THIS. WHAT IS GOING ON HERE?

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Comment by vladpanka on Jul 18, 2022 2:47pm

This post has been removed in accordance with Community Policy

Comment by Stockstag1 on Jul 18, 2022 4:03pm

Bass u missed SU......$30.4450.255 | 0.84%

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Comment by bassfishing88 on Jul 18, 2022 5:24pm

You're right with SU, i don't even watch that POS. It has been in the doghouse since it cut its dividend when covid hit and CNQ left it in the dust.Still puzzled why CVE lags the ones I mentioned.

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Comment by MaynaardKeanes on Jul 18, 2022 7:52pm

You still not chilling out ? Relax or just sell it all now. It might be better for your blood pressure go for a walk or volunteer or do something ...

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Comment by bassfishing88 on Jul 18, 2022 10:40pm

Sold my 20,000 shares today- will invest in MEG,CPG, VET or BTE- haven't decided yet which one -may pick one or more tomorrow. Good luck here.

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Comment by MaynaardKeanes on Jul 19, 2022 12:54am

Warren Buffett, in the annual meeting in 1997, commented that it was a mistake to sell interest in wonderful businesses. He also stated very clearly the reason why. "I think it’s usually a bad mistake to sell your interest in wonderful businesses. I don’t think people find them that often." "And I think they get hung up if they’ve sold them at X that ...more

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Comment by Quintessential1 on Jul 19, 2022 8:19am

Warren Buffet's wisdom is sound, as it should be. I am not sure of the wisdom of selling a stock that is, "lagging" the sector in favour of ones that appear to be leading the sector. If I was looking to buy into the Oil sector I would be looking for a stock that is lagging the sector with great fundimentals as it may have the most to gain. I would be looking for CVE ...more

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Comment by sorrenson on Jul 19, 2022 5:16pm

How much is this off its peak compared to the others. You don't drop as much you're not gonna climb as much. It will make you feel better nine point partners has this in their portfolio now which they didn't before

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Cenovus Energy Inc