Already builtCenovus is already built, @ $9 per barrel to produce they make money selling at $45 Canadian. Unlike, the shale rollercoster, Cenovus is long life reserve low decline, low capex, now that it is built. Cenovus paid $18 billion to buy out Conoco's assets in 2017, now all of CVE is valued at +-$14 billion. That includes the Refinery assets, and +-400,000 boe/day. I think either Cenovus should takeout/merge with MEG or Someone should take them out, someone like Suncor. Imperial, Canadian Natural. Biggest risk is external, oil prices obviously, and politics. Summary, Cenovus is big enough and liquid enough to survive this current downturn and will make big time $$$$ on the otherside of this. In a more "normal" environment $40 WCS Cenovus is a double digit share price with a 3% yeild. Just my opinion cheers Matthew