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.

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Cenovus Energy Inc > CVE: Build Back Better

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Comment by mrbbon Oct 08, 2021 3:54pm

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Post# 33990305

RE:RE:RE:RE:CVE: Build Back Better

cve produces 141 mboe/d conventional, 550 mboe/d oil sand, 73 mbo/d offshore, i'll let you do the math. Of course WCS price matter but not as much as without downstream. Refining margin is not at a record level but still good. Integrated oil company can move their product streams anyway they want to maximize return

oilandgasmick wrote: Here's a question for you MRBB because I don't know the answer.

What percentage of CVE's oil production captures the WTI price-- given the new refinery capacity that the HSE deal has brought?

Is the WCS price still as relevant after the merger? Obviously not but to what extent?