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 RagingBull3on Feb 26, 2021 3:32pm

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Post# 32673456

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

"Calgary-based Husky announced after markets closed Tuesday that it had agreed with CNOOC to accept a price of between $12.50 (US$9.54) and $15 (US$11.45) per thousand cubic feet of natural gas from its giant Liwan project."

NO COMPARISION....... the corruption here with prices going NEGATIVE... LOL...

$12.50 - $15 !!! HOLY F#ck.... You're complaining about that??? Yet, I guess you're all for NEGATIVE prices.... because you know, that's FAIR.... because it's a "democracy" here! LOL.

Holy F.

All just my opinion/view/thinking.

mrbb wrote:
Just more proof you're a red commie china supporter.

Husky had to threaten to sue CNOOC for trying to back out the Liwan gas deal.

husky threaten to sue CNOOC

Husky eventually settled with CNOOC after agreeing to a middle ground but husky had to make concession to reduce contract gas price

husky settles with CNOOC after some concession

China broke and/or cheat on every international agreement they've EVER signed, even with WTO

here is one late example, china even cheat on a 3rd world country

china cheat on rice Dec 2020

china even cheat on people/country who were kind to them

Myanmar donate rice to china during covid crises Feb 2020

RagingBull3 wrote: "You can't trust the CCP at all..." LOL, Liwan is the Golden Goose, virtualy only Bright spot at the moment. Nice Dependable Income.

TRUST???? How about NEGATIVE oil prices here !!! LOL.... And then as soon as Keystone is canceled, all of a sudden there's AMPLE pipeline capacity now and into the future to handle increase to record production!!!.....according to propoganda media.. LOL..

TRUST???

While we get stabbed in the back here at home with NEGATIVE oil prices, CCP paying FAIR price for the resources they are buying. TRUST??

All Just My Tin Foil Hat opinion/view/thinking....

oilandgasmick wrote: 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.