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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

Post by oilandgasmickon Jun 15, 2021 2:25pm
259 Views
Post# 33389545

Another nice volume day

Another nice volume dayI said a few months back that we would be at 15 bucks within 18 months but it looks like I was off by at least a year. I love it when I am this wrong on stocks I own.

Congratulations to those who bought HSE at 2.40 because those shares (minus the warrants) have now cleared 10 bucks. Good for you if you ignored the bad advice on this thread and went with common sense-- you are now sitting on a 5 bagger.

The approval of line 3 yesterday by the Minnesota Appeal's court will also be good news for differentials since we add 300K bbls/d in export capacity. Obviously the market likes the price hike and the decision of the court. The differentials in the future markets tightened today and hopefully more to come.
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