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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
Bullboard Posts
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Post by tcellingon Jul 31, 2018 3:56pm
126 Views
Post# 28393687

US output

US output
Not sure how the 11million bbl/d number makes sense in light of official May numbers (10.44MM bbl/d). Could true production be substantially below weekly estimates? If so, there has been a major, unaccounted for slowdown in US production growth: https://www.reuters.com/article/us-usa-oil-production/u-s-crude-output-slips-30000-barrels-per-day-to-10-44-million-barrels-per-day-in-may-eia-idUSKBN1KL2IV
Bullboard Posts
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