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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
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Comment by Speedybeedyon Jan 22, 2018 5:34pm
140 Views
Post# 27411224

RE:RE:re bloomberg

RE:RE:re bloomberg
Sinister7 wrote: With oil prices rising is it a good time to invest in oill instead of MJ? I've personally invested in small oil companies like VRY, XOP and SNV. All penny stocks and think will make a huge profit in the long run. My 2 cents...


I am invested heavy with cve. It’s my largest holding. I am also invested in CPG, BTE, TOU for energy. All are close to even besides cve I am up 20% on. 
But thankfully have been investing in the MJ sector for past while and been able to make easy easy money. 
With aurora cmed hip deal all stocks have sky rocketed and I have made more there in 3 months than I have in 3 years playing oil. 
Recently invested in sunniva which is going to rival aurora for size and has just released news they are moving in the Oliver area with plans to build a massive plant. Stock has done 30% in last 4 trading days. So thankful for that sector at the moment. 

There is still so so much money wrapped up in people trading that sector which I think is the reason why energy hasn’t seen the interest recently it deserves. People are making money on MJ sector right now that one could have only dreamed about in a lifetime in the stock market. 
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