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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 oilandgasmickon Jul 10, 2021 6:21pm
168 Views
Post# 33527055

RE:Strengths / weaknesses

RE:Strengths / weaknesses I agree with all the strengths and weaknesses listed here.

As for "weaknesses" the best moves are to (a) reduce debt thru cash flow and demonstrate this in the next quarterly results (b) get out of SE Asia and reduce the political risks. I think these political risks are rising every week in the face of Chinese agression but again who buys CVE out at a reasonable price? Check out the latest stories from people on the ground in Taiwan and Hong Kong--scary stuff. Even Australia and Japan are looking for closer ties with the U.S. and are some of the first countries to take possession of the F-35 fighters for obvious reasons
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