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 > LKS have a stand still?

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Post by Maxmoeon Jan 04, 2021 8:33am

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Post# 32213807

LKS have a stand still?

I assume he can't sell any cve shares for some stand still period but does anyone know if he can buy? He will own about 16% of the combined cve by my math so he could go to 19.9% in theory without regulatory approval. That's a lot of shares. Maybe that was the plan all along and this will be a creeping reverse takeover of cve by lks? No way China would let him buy anything in Canada if there was any public fanfare.

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