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 Bluejaysoileron Apr 24, 2018 7:53am

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Post# 27930611

RE:My guess

I think Big boys will try to tank this down after the earnings report just to reenter later when it is about $10. I sold a 2/3 of my position when it hit $12 and bought MEg, bte, cpg, bne, cj, bnp, pou and pd. Now the others have recovered as much as Cve. It's time for Cve's turn to down a bit then I will sell the others and move back to Cve. Big boys will make more money to rotate their holdings. This market is designed in that way. IMO only.

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