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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.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

Cenovus Energy Inc
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Comment by tcellingon May 02, 2018 8:53pm
156 Views
Post# 27973752

RE:RE:RE:is suncor taking a look at cve???

RE:RE:RE:is suncor taking a look at cve???
LOL Suncor is not going to buy CVE. If they were, it would be to try to get it at a discount. While I'm 100% sure there will be no buyout, I actually hope there isn't. Any buyer would try to get CVE for say $15-$17/sh. At today's crude pricing, $20 is fair value. As crude rises, so does that number. $100 WTI puts the number closer to $40.
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