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 > Nuttall Bar Chart: 2022 FCF/EV @ WTI USD 70/Bbl.: 19%: TOP

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Comment by oilandgasmickon Mar 14, 2021 7:21pm

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Post# 32795993

RE:RE:RE:Nuttall Bar Chart: 2022 FCF/EV @ WTI USD 70/Bbl.: 19%: TOP

Chinese and Indian oil demand is rising and when you couple that with underinvestment in oil and gas development/exploration around the globe then 70 bucks is almost a given and an oil crisis within five years is a distinct possibility. The Green Dream is largely an illusion.

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