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 > The merger sure looks good for CVE now

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Comment by oilandgasmickon Feb 25, 2021 11:53pm

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Post# 32668375

RE:RE:RE:RE:RE:The merger sure looks good for CVE now

The $3B figure did not come from me but if you are right and you can get $5B for Liwan then you hit the debt reduction target with one stroke-- and since Alex has said that $8B in debt is the target level then this would be very sweet.

You can't trust the CCP at all so if you can dramatically reduce your debt and ditch these guys all at once by selling Liwan then I say let's do it.

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