Cenovus Energy Inc T.CVE

CVE CEO Jon McKenzie PUTTING OUT A STIFF POKER FACE !

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- you will have to READ/HEAR  the Q3/2023 AUDIO/TRANSCIPTS CC to FIND OUT WHY

LOL !

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I read the cc and not sure what you're referring to?

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- the SNEAKS ! SHOCK ! - CVE CEO JM's 'MISDIRECTED' comments on the WRB Refining JV was EDITED OUT of the Q3/2023 transcripts * the CVE LAWYERS probably FORCED the ACTION - LAST QUESTION in the CC {by UBS Manav Gupta} - this guy ALWAYS asks the TOUGHEST questions in the CVE CCs {I LIKE IT as it KEEPS the CVE senior executives SHARP} z173

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- MORE CLARITY: * I is 'MY BELIEF' the the "COMMENTS" were PURPOSELY "MISDIRECTED" * I 'COULD' be WRONG z173

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- one more HINT: *** from PSX Q3/2023 report: Strategic Priorities Update Monetize over $3 billion of non-core assets The company also plans to monetize non-core assets that are expected to generate over $3 billion in proceeds that will be deployed to further strategic priorities, including returns to shareholders. In August, Phillips 66 sold its 25% interest in South Texas Gateway Terminal

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This is the CC text I have. Not sure what the misdirection is here. It seems pretty clear from the CEO's repsonse that they are not interested in buying out the PSX JV refinery stake. Are you suggesting otherwise? >>>> Manav Gupta Perfect. I'm going to ask a follow-up question, based on the response you provided to John. I got a whole bunch of questions on my Bloomberg,

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Repost the text it doesn't show in my last post? >>>> Manav Gupta   Perfect. I'm going to ask a follow-up question, based on the response you provided to John. I got a whole bunch of questions on my Bloomberg, so I'm going to follow-up on this, as it relates to those two assets, sir, is it more of a case of a price or is it more of a case that you always

[Cabarete1]

Cenovus Energy’s (CVE.TO)(CVE) CEO on Thursday addressed rumours that Phillips 66 (PSX) plans to sell its stake in U.S. refinery assets jointly owned by the two companies. Jon McKenzie’s remarks on Cenovus’ post-earnings conference call follow a report from the Dow Jones news service this week that Phillips 66 may offer its stakes in the Wood River, Ill., and Borger, Texas

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I'm sure Pourbaix sees the PSX JV buyout as one of his babies, but I'd venture the new CEO has reminded him since then of the loss of investor confidence incurred when CVE failed to hit the $4B net debt target Pourbaix so boldly laid out. That was misdirection at its finest. I think the new CEO understands the damage that was done, and will push to regain that confidence, even if it means