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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CNVEF | T.CVE.P.B | T.CVE.P.C | T.CVE.P.E | T.CVE.P.G | T.CVE.W | CVE.WS | CVE | T.CVE.P.A

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 > The EDITED OUT "MISDIRECTED' Comment On Q3/2023 CC
View:
Post by ztransforms173 on Nov 03, 2023 6:54am

The EDITED OUT "MISDIRECTED' Comment On Q3/2023 CC

***

CVE CEO JM:

"we are more SELLERS
than BUYERS"

***


LOL !

- this is WHY 'I BELIEVE' that the CVE lawyers got INVOLVED and these comments were EDITED OUT of the TRANSCRIPTS of the CC

z173
Comment by ztransforms173 on Nov 03, 2023 9:00am
- THANKS 'Cabarete1' for posting  the EXACT QUOTE from JM: "We’ve also been clear that we are more likely sellers of those assets than buyers of those assets." Source: https://stockhouse.com/companies/bullboard/cve/cenovus-energy-inc?postid=35715251 *** - I was SLIGHTLY DISTRACTED {listening to the telephone and watching the computer screen AT THE SAME TIME} during the ...more  
Comment by autofocus111 on Nov 03, 2023 10:23am
That response was to another analyst's question about the JV's and is still in the transcript. It was NOT edited out. I think this particular statement by the CEO indicates CVE is not willing to pay a premium price to PSX to buy out their JV stake. The CEO repeatedly indicated in the call that their priority is to continue to optimize their base operations and reduce debt to the $4B target ...more  
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