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 > Q2/2021 Earnings Results: THURSDAY, July 29, 2021 !!!

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Comment by oilandgasmickon Jul 17, 2021 10:11am

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Post# 33565031

RE:Q2/2021 Earnings Results: THURSDAY, July 29, 2021 !!!

This is good, the sooner the better.

If, as some have predicted, the net debt is down to $11B then that is a huge step in the right direction and going from 13.2 in Q1 to 11 in Q2 sends a major message to the market --and the beauty is that its a real "official" number and is not based on endless speculation from analysts and spread sheet junkies who are nowhere near the company. It's "show me" time and I hope that they do not disappoint.

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