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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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(5)
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Comment by tcellingon Jul 31, 2018 10:04pm
170 Views
Post# 28395439

RE:US output

RE:US output
Unbelievable that this news didn't effect the price of crude. We just found out US production is at least 300K bbl/d fewer than previously thought. Not only is that 300k bbl/d fewer on the market, this means production growth stagnated in April/May with no indication things improved in June/July (probably worse with Permian takeaway issues). Nobody seemed to notice. Yet Trump says he'll meet the Iranians (who subsequent told him where he could go and how fast) and WTI loses $1.50.
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