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

Cenovus Energy Inc > GEI Diluent Recovery Unit (DRU) Will FREE UP 50K Bbls/d ...

<< Previous

Bullboard Posts

Next >>

Comment by mrbbon Mar 11, 2021 11:22pm

253 Views

Post# 32782887

RE:RE:RE:GEI Diluent Recovery Unit (DRU) Will FREE UP 50K Bbls/d ...

it also mean less margin on the upgrading volume.

Eigen337 wrote:
Why is this IMPORTANT ???

It will HELP TO COMPRESS {along with Keystone pipeline OPTIMIZATIONS !!!} the ALL IMPORTANT WTI/WCS Price Differentials in the SECOND HALF of the YEAR BEFORE the Enbridge Line 3 pipeline is 'EXPECTED' to BEGIN OPERATING in VERY LATE 2021 or EARLY 2022 !!!

Many are 'PREDICTING' that the WTI/WCS price differentials will go from USD -13 to -11 to -9 to -7 per barrel !!!?????!!!

+USD 4 per WCS barrel in REVENUES is a HUGE amount of money ($$$$$) for Canadian BITUMEN producers including Cenovus Energy !!!

This is pure speculation.

Eigen337