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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

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

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 > Eric Nuttall
View:
Post by retiredcf on Apr 03, 2024 7:15am

Eric Nuttall

Last stock in the clip. As indicated, his trimming was indeed slight as CVE remains an 8% holding in his fund. GLTA

https://www.bnnbloomberg.ca/video/eric-nuttall-s-past-picks~2896224

PAST TOP PICK
Cenovus Energy(CVE-T)
02/04/2024
 
(A Top Pick Feb 24/23, Up 12%)
Disappointing. They've struggled with downstream operations, frustrating investors, and are working to fix this. He expects them to reach their debt target in August, then they will pivot to 100% free cash flow. $43 target price of 57% upside. Trimmed his holding slightly. Trades at a discount to CNQ.
Oil / Gas

Eric Nuttall
$27.700
Owned
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