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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.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
Bullboard Posts
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(3)
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Comment by broker71on Sep 10, 2018 4:44pm
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Post# 28593121

RE:RE:JP Morgan UPGRADES CVE But It CANNOT Hold Early Gains !!!

RE:RE:JP Morgan UPGRADES CVE But It CANNOT Hold Early Gains !!!Looking at the tsx energy sector its just sell canada energy trade or algorithm going on ever since the KMX court decision. Feels like a never ending story and no signs of turning. Nothing to do but to ride out the storm if you are an investor. If you are trader the play appears to be sell/short in morning and buy/cover at close. When the some of the canadian companies stupid hedges run out their results will show much better CF and they are not all full impacted by WCS differential. The only big bear cloud remaining on oil is the Trade War Fears on oil demand. If that alleviates we should see a big rebound in canada oil and mining stocks. 
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