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 > Q2 Adj Funds Flow Forecast Ballpark Estimate - Revisited

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Comment by TopStockBuyon Jul 10, 2021 12:16pm

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Post# 33526672

RE:Q2 Adj Funds Flow Forecast Ballpark Estimate - Revisited

I think your bang on with your predictions...we'll soon find out. Good DD

OPEC is a sideshow. The existing deal is good till April 2022. UAE doesn't have the barrels to move the market long term.

Demand currently outstrips supply and I think it will get worse once airline and cruise travel picks up towards year end. Latest EIA report shows a 6+ million barrel drop in both oil and gasoline and both are below the 5yr average for this time of year. Cushing inventories are heading for 10yr lows.

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