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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

Comment by RagingBull3on Jun 23, 2021 6:45pm
80 Views
Post# 33438874

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

RE:RE:RE:I should rephrase what I mean by "Hedge" The other side of your view..... you can get the situation of Atlantic operations.....  Spend Billions and then cross your fingers?   

Atleast the other way, you lock in profits, have a vision, have a plan that works!

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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