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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

Bullboard Posts
Post by Oil2018on Jan 09, 2019 11:22am
116 Views
Post# 29206151

It may be over for oil stocks in Canada

It may be over for oil stocks in Canada I am not trolling.....I got my entire portofilio invested in oil.  I gambled that we would have a bull market.  Realty is we did have oil go up to 80$ but our Cdn stocks did not particpate and it will happen again.   I don;t see this thing ending well unless there is major consolidation ex.  Ath gets bought  out by SU, CNQ buys CVE, bte and cpg merger, etc.   Sorry for being doom and gloom but I just don't see major institutions investing in oil especially now that the greenies have become more powerful!
Bullboard Posts