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 > CVE Warrant

<< Previous

Bullboard Posts

Next >>

Comment by Husky4000on Feb 05, 2021 10:54am

235 Views

Post# 32483519

RE:CVE Warrant

FairMount wrote: The warrant is trading at 4.2 now. What happens if I subscribe for the common share at an exercise price of 6.54? Does that mean I have to pay 6.54$ to buy each common share? Or I pay the difference of 6.54 minus the warrant price? Any clarification - much appreciated!

The warrant gives you the right to buy CVE at 6.54.

Example: You got 1000 warrants trading at 4.20 worth 4200$

You decide to buy exercice them. So you put 6540$ of your money. In exchange you got 1000 CVE valued at 8100$. If you were to sell, you would have a profit of 8100-6540=1560$.

So, which one is better? 4200 in warrants or 1560 in sharevalue?

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?