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

Post by jagsfanon Jul 03, 2020 7:34pm

228 Views

Post# 31222828

Bad Habits

CVE developing the bad habit of starting the day off with a promising jump & then losing all the gain & dropping to a loss for the day before closing.
Regardless; I still think CVE is a medium term winner & hold to my previous forecast of $9-10 by the end of August.
The rise in # and size of the spikes in COVID claims in many US states is a disturbing trend & is apparently a facotr in the lack of confidence in CVE share price. Once these spikes drop in # and intensity then my hopeful projection should come true but if the spikes grow in # & intensity; there is no telling what CVE's share price will be come end of August.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages