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

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.

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Cenovus Energy Inc

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Post by DoubleOhDivon Aug 14, 2020 2:13pm

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Post# 31409785

Swap CVE for ENB?

Hi guys,
I've been a long time owner of Cenovus but thinking of selling and swapping funds into Enbridge instead.
It just seems like any news that would be a positive for Cenovus would also be a positive for Enbridge.
Plus Enbridge is a lot lower risk than Cenovus and sports that high dividend while you wait.

Justthought I'd pass the idea on the community here for any thoughts.
Have I missed something that could provide a lot more upside with Cenovus?

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