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

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Comment by Diesel44on Oct 25, 2020 12:06pm

739 Views

Post# 31778289

RE:Question

If the market takes a neutral view on the merger, straight math says CVE = $4.55; HSE = $3.57 based on Friday's closing.

Will be interesting to see if the market takes a positive or negative view of the merger. Of course the whole O&G sector might also be up or down Monday am, so would need to do a bit of a sector adjustment to take a better view on market's merger judgement.

As others have said, hopefully the dividend reinstatement also lends a bit of positivity.

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