Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s): T.CVE.PR.G | CVE.WS | CNVEF | 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 > Alec Pourbaix CASHED OUT 800,000 Stock Options

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Post by ztransforms173 on Aug 11, 2023 11:41am

Alec Pourbaix CASHED OUT 800,000 Stock Options

* Exercised 300,000 @ $ 11.53
SOLD @ $ 26.37
Proceeds: $ 7,909,530

* Exercised 500,000 @ $ 11.73
SOLD @ $ 26.19
Proceeds: $ 13,096,150

- STILL has 2,954,088 stock options and
1,277,938 common shares of CVE

z173

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Comment by Lawisfun on Aug 11, 2023 12:13pm

So he cashed out $21 million with of options and also sold an additional $21 million worth of common stock. Interesting. Lots of other insiders selling at these levels. good luck to all the longs.

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