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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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Post by JackieTreehorn1on Apr 30, 2020 1:33pm
189 Views
Post# 30972307

Up on bad news, down on good?

Up on bad news, down on good?Was this stock perhaps oversold? The Q1 results are in essence, that they lost $1billion, and have a credit card with a giant limit, which is how they'll survive this. ie., they'll have to draw down and run up debt. Without hedges in place, Q2 will be dismal with WTI trading below $20. Or maybe I'm sour that I sold at $4.50
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities