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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

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

Bullboard Posts
Post by patricia123on Feb 07, 2018 7:55am
179 Views
Post# 27517249

I ACTUALLY LIKE CENOVUS

I ACTUALLY LIKE CENOVUSCenovus has some great things going for it.Oil reserves.that can last for decades,a provincial government that is fully onside,a federal government that has already given its permission to put a pipeline down that will help it immensely.They have refineries that can enhance profits ten fold.They do not need to acquire more assets, but are able to increase production if world oil prices go crazy.I believe personally they should ,along with its competitors ,construct a giant refinery,right in the province of Alberta.and instead of shipping bitumen,supply and ship only finished products.Greater quantities of refined fuels can be transported more easily then heavy oil.Cenovus can also sustain lower oil prices as our production cost are some of the lowest in the industry.We shall see,good-luck!!!!
Bullboard Posts