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 > What’s holding us back?

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Comment by TopStockBuyon Jun 28, 2021 9:21pm

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Post# 33464323

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What’s holding us back?

And what if oil gets to $85 - $100 in the next 12 - 18 months? The numbers are staggering. Add $20+ to each barrel of oil, currently producing north of 750,000 boe per/day. Staggering, and that's pure profit. $50 - $60 SP wouldn't be out of the question and unfairly valued at that when comparing to other sectors.

Cushing inventory is expecting to be at 10 year lows by end of this year. $90-$100 WTI isn't out of the question. And if we go north of $100? All bets are off. You do the math.

"If oil stays over 70. This is a 30 dollar stock"

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