Cenovus Energy Inc T.CVE

Alternate Symbol(s): CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.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. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.

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Cenovus Energy Inc

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Comment by GerryKayon May 01, 2014 11:20pm

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Post# 22515858

RE:RE:RE:More from RBC

Although they still have some issues left(i.e. Foster Creek, etc.), their latest news release is upbeat and was even viewed positively by RBC, who maintain their OUTPERFORM rating on the company. Morningstar shows CVE's FV @$40.00 and a BUY. CVE's management is top notch and I'm quite confident that they will soon resolve the remaining issues that prevents them from joining the Elite Club of SU and CNQ and a SP that is more representative of their true value. As a rule, I learned not to fall in love with stocks I trusted my gut feelings on the likes of SGY, KEY, ALA and WCP and did very well. I am confident CVE will not disappoint.

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