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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 Apr 30, 2019 6:55pm
70 Views
Post# 29691592

RE:RE:very disappointed with

RE:RE:very disappointed with
Fraser19 wrote:
coolfooldumbguy wrote: the performance of this company,it seems like the top is done,so glta.


WCS is down 5 dollars a barrel in the last week. What did you think wad going to happen to a company that primarily produces WCS.



Personally I'd expect the shareprice to be worth a similar multiple to American E&P for equivalent cash flow. Selling price isn't the only factor, clearly. CVE is making bucket loads of cash right now and is vastly undervalued vs peers. That's all that really matters.
Bullboard Posts
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