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.

TSX:CVE - Post by User

Cenovus Energy Inc

Bullboard Posts

Post by Analysis98on Dec 20, 2014 4:52pm

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Post# 23252995

My research notes

Sharing my research notes created from TD Action Notes for the companies I follow.

Name	Friday Close	New Target	Old Target	52 Week High	Revised NAV-MG*	Old NAV-MG*	Status	Divi Concerns
Cenovus	23.98	21.00	29.00	34.79	23.22	33.70	Hold
Cdn Oil Sands	11.37	11.00	17.00	24.68	16.63	15.44	Hold
Meg	18.90	25.00	39.00	41.29	24.09	35.33	Buy
Baytex	20.89	22.00	31.00	49.88	23.73	24.93	Hold
Bonavista	7.87	10.50	16.50	17.85	14.93	17.66	Buy
Crescent Point	28.61	33.00	47.00	48.68	31.20	38.89	Buy
Enerplus	11.61	15.00	24.00	27.05	14.48	20.26	Buy	possible cut in 2015
Lightstream	1.25	0.70	4.50	9.09	8.24	10.76	Reduce
Northern Blizzard	8.63	10.00	19.00	19.00	13.10	17.58	Buy
Pengrowth	3.97	4.50	8.00	7.78	4.64	9.75	Buy
Painted Pony	10.04	15.00	16.00	14.75	17.60	19.72	Buy
Raging River	7.14	10.00	11.00	11.25	7.77	11.45	Buy
Surge	4.05	4.50	7.50	8.82	6.25	8.10	Hold	possible cut in 2015
Spartan	2.89	4.00	5.50	4.44	3.26	4.71	Buy
Torc Oil	8.27	13.00	17.50	16.33	10.36	15.22	Buy
Twin Butte	0.87	0.90	1.75	2.50	1.79	2.76	Hold	another cut in 2015
Vermillion	58.78	62.00	75.00	78.24	47.62	54.84	Buy
Whitecap	12.06	14.50	22.00	18.70	9.55	11.26	Buy

TD Assumptions Based on Forecast WTI Oil Prices Below:
	WTI	Brent
2015	65.00	70.00
2016	70.00	75.00
2017	75.00	80.00

* Note: MG = Modified Growth