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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

Cenovus Energy Inc > Strengths / weaknesses
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Comment by RagingBull3on Jul 11, 2021 9:23pm
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Post# 33528295

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Strengths / weaknesses

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Strengths / weaknesses I don't think this is going to happen... Like what My Tin Foil hat said long ago.... It thinks CVE has some kind of "special" relationship out East.    You have to have something special to ship oil off the west coast, down through the panama canal, and back up the Canada's east Coast.!!!

I've now said it several time.....CVE probably not selling Atlantic assets.

China.....that will probably go, IMHO.

There's other Factors at Play here other than $$$$$$$  ..... unfortunately for shareholders.

All just my opinion/view/thinking.

autofocus111 wrote: mrbb Yes HSE was doing well and would have been in great shape now if oil had not suffered through the price crash induced by the horrible duo of CV19 and OPEC/Russia battle for market. I am happy with the HSE+CVE combination though (but HSE+MEG might have been even better had it gone through). CVE has a hard choice to make in offshore. Natgas vs. oil. I hope they hold onto the cash-generating China natgas ops and unload the Atlantic offshore project, which still needs a big cash infusion and a couple more years to get to production.


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