Cenovus Energy Inc T.CVE

Tmo earnings

[Pat123]

It's going to be so-so results as expected and they will push the $4B debt goal to Q2. Forget about the 100% redistribution. They will always find something to postpone it. It's an investor value trap. The stock will drop below $25 tmo and below $23 in the coming weeks.

[Inktech]

Kind of agree.... biit downward today...

[meritmat]

  Im not sure.  They were at around 6.3B.  Canceled 1B when they redeemed that debt.   It's all going to depend on how there down stream assets did. All there refinerys should be running finally.   Also oil price was stronger this qt.   Hoping for a bump.  I was to cut my holdings down and dump some into Enbridge.  That 8% div is to tempting 

[integrity11]

Why are u adding your negative little posts. Appears like you are not a CVE shareholder and likely never have been. Based on your posts you are more interested in copper penny stocks and that's a great area for you.

[Pat123]

I've been holding CVE since November 2020. Very impressed by the timing of the Husky deal. The debt reduction was also very good until a few quarters ago. Alex Pourbaix is top notch. However, proposing a fcf 100% redistribution was an illusion. Now, it's clear that  don't have a real desire to so. Current debt level is manageable. Net debt is 6B a decrease of only 400M vs Q2. I

[parcheg]

Pat: agree, am tired of waiting. What will it take for you to dump your shares? Tomorrow never comes with CVE re: rewarding shareholders. Greener pastures await...