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 > CENOVUS ENERGY INC WT 1/1/26 (CA: CVE.WT) explained??

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Comment by Husky4000on Jan 15, 2021 2:07pm

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Post# 32307496

RE:CENOVUS ENERGY INC WT 1/1/26 (CA: CVE.WT) explained??

LOL. The warrants are like long term options. They expire in january 2026. You have 5 years to either exercice them or trade them.

One warrant gives you the opportunity to buy a CVE share at a strike price of 6.54.

As of today, if you would exercice and then sell immediately the shares you would make more or less 1.40 per share. Doesn't make sense because the warrants are selling higher. So, sell the warrants, hold them or even buy more...

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