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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

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.


TSX:CVE - Post by User

Cenovus Energy Inc > I should rephrase what I mean by "Hedge"
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Comment by RagingBull3on Jun 23, 2021 6:38pm
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Post# 33438861

RE:RE:RE:I should rephrase what I mean by "Hedge"

RE:RE:RE:I should rephrase what I mean by "Hedge" Futures market you're just asking to be fleeced, IMHO.  But you're right, I don't understand how it all works.... Like as I said, I stay away.   

I assume, NEGATIVE OIL PRICES had something to do with the Futures, options...etc.   LOL  Negative oil prices.....   

That's why I mention if Hedges can "guarrentee Profits"... if they can do it like in Asia contracts, that would be great.   If company smart enough to do it in the futures market, great also.

All just my opinion/view/thinking.
 

Husky4000 wrote:
That's complete crazyness. Oil could be 500$ in 15 years, if not more. Besides why use the word "hedge" when one doesn't even know what it means?HINT: It has something to do with options. Probably too lazy to look it up so The guy created his own crazy definition of hedge.


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