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.

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Cenovus Energy Inc

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Comment by marpincanon Feb 10, 2018 10:45am

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Post# 27538383

RE:RE:RE:RE:RE:This company is trading at 4x cash flow lol

They indicated that they were planning on paying debit down to a comfortable level in 2 years. Thats a reduction of 4 - 5 billion in 2 years and gives you an idea of the huge amount of cashflow they can generate. I expect that the Feb 15 results will be a lot better than what analysts are thinking. You may have some superficial loses due to hedging and stuff like that but the real numbers should be good. JMO

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