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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

Post by RagingBull3on Jan 26, 2021 1:26pm
220 Views
Post# 32388676

Profits will dictate how GOOD CASH FLOW IS.

Profits will dictate how GOOD CASH FLOW IS.If I sell my house today.... I would have Huge Free Cash Flow this month.    Am I doing Good?   The answer lies on if I made a good PROFIT OR A LOSS!!!!

If I paid $3,000,000 for my house 2 years ago.....If I sell it this month for $1,000,000 my Free Cash Flow will be Huge.....but I'll tell you..... it's NOT GOOD.

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