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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

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

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

TSX:CVE - Post Discussion

Cenovus Energy Inc > Mizuho
View:
Post by retiredcf on Mar 07, 2024 11:41am

Mizuho

Once oil goes above its 100-day moving average, it’s time to start getting long: strategist 

Robert Yawger, energy futures strategist at Mizuho Americas, joins BNN Bloomberg to discuss oil market trends. He says the Saudis are walking a fine line in raising prices for buyers in Asia as they are not competing with discounted barrels from Russia or Iran, but also don’t want to raise prices so high that they risk losing market share to sellers like the US, Brazil or Guyana. 

https://www.bnnbloomberg.ca/video/once-oil-goes-above-its-100-day-moving-average-it-s-time-to-start-getting-long-strategist~2880283

Comment by brewster123 on Mar 08, 2024 7:26am
They did not mention potential M&A activity in their growth forecast, but they should have MEG and ATH in their sites.
Cenovus Energy Inc