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 > There are 2 Prospectus going I believe. The $5B and the one

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Comment by RagingBull3on Oct 09, 2021 5:19pm

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Post# 33992366

RE:There are 2 Prospectus going I believe. The $5B and the one

I guess the one is "included" in the other as 65,239,977x$6.54 = $426,669,449 only... Not $5,000,000,000.

I guess if you going to issue shares, might as well go BIG. Dilute Long Term Loyal Shareholders.

All just my opinion/view/thinking.

RagingBull3 wrote: for to issue shares for existing warrants (to issue 65,239,977 Common Shares). Double wammy on Dilution.

I never expected CVE to buy back shares. They didn't even bother to buyback any Preferreds while they were at $4/share or redeem them as per what I think the terms of the Preferreds (Contract stated) $25/share.

TRUST........ Poor Long Term Loyal Shareholders... Wonder how those in at $30 feel????

All just my opinion/view/thinking.