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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

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
Comment by DoubleOhDivon Aug 17, 2020 2:44pm
155 Views
Post# 31419112

RE:RE:Swap CVE for ENB?

RE:RE:Swap CVE for ENB?
jagsfan wrote: CVE is really having a bad morning, given that WTI is up ~45 cents & most other energy stocks are up accordingly.
When I think of selling my CVE, I always say "patience, the tortoise did in that race ".  ;-0


Well this is certainly more useful than that other reply that said sell everything oil related...
I don't buy into the whole oil is dead anytime soon but to that person, good luck with your investments. 

Hmm well while I do agree some patience is required, Enbridge is also an energy stock. 
I would think right now both CVE and ENB are tortoises so it's a matter of picking the better one here.
So with both CVE and ENB down, I just think that it may be better to swap out and go with ENB instead.
Is there some advantage to owning CVE instead?


Bullboard Posts