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Cenovus Energy Inc T.CVE

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

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
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Comment by jontar123on Feb 18, 2015 9:47am
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Post# 23439150

RE:RE:RE:$21

RE:RE:RE:$21I don't think CVE is buying PWT/PWE, they have a huge loss from Q4 and the stock will revisit the $18 range, they had to issue 1.5 billion life line yesterday afternoon. They are in very tough shape, having to cut another 400million in capital spending, fired up to 15% of their staff, froze salaries plus have to find another 400-650million in savings. This stock will be toxic until in goes to $18ish, and I would buy it, until it hits that range.
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