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 > Warrants Leverage almost 2:1

<< Previous

Bullboard Posts

Next >>

Post by RagingBull3on Jun 09, 2021 1:18pm

158 Views

Post# 33355785

Warrants Leverage almost 2:1

Warrant Price $6.76 Commons Price $12.05.

For the same amount of money invested, you should get 2 to 1 performance with the warrants.

I was getting this confused and was thinking that Warrant Share Price performance would eventually become 2:1 on a percentage basis....But I think this is WRONG.

The leverage is on your initial investment.

All just my opinion/view/thinking/understanding.

<< Previous

Bullboard Posts

Next >>

NervGen Pharma: Proof that NVG-291 works?