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.

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Cenovus Energy Inc > Here comes $67 oil..... Guess my Tin Foil Hat was Wrong

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Post by RagingBull3on May 05, 2021 9:17am

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Post# 33130938

Here comes $67 oil..... Guess my Tin Foil Hat was Wrong

Expected oil to either trade in the $55-$60 range or Rocket up to $80-$90, not hang around the $65-70 range.

As for the Supply Glut of yester years.... You have to wonder why the SPR oil was Tapped and Pirated/Siezed oil on the high seas were brought to the USA and dumped into its market...if there was such a supply glut????

All just my opinion/view/thinking/wondering.

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