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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 RagingBull3on Oct 11, 2021 9:32am
231 Views
Post# 33994769

RE:RE:This is what you call KARMA for all those common shareholder

RE:RE:This is what you call KARMA for all those common shareholderI'm still holding a small position in the Commons, Preferreds and Warrants.   Will be selling the Warrants soon as one way or another I will be forced to.... I don't like being "Forced" so I'll do it early.   Up over 100% on them anyways.

Remaining Commons and Preferreds I have I don't plan to sell ever.   Holding them to hold CVE accountable.   Warrants will expire so I have no choice, must sell or convert.   As I have TRUST issues with CVE best to just sell than convert to commons.   

If CVE redeemed for $25/share back in Dec. 2020, I would have most likely immediately reinvested all that CASH back into CVE.    But as I feel TRUST was broken, I didn't reinvest the CASH.     Plus I think, other than the oil sector, the whole market is one huge bubble.   It has become completely irrational and corrupt.     Like I said, I have more TRUST going to the Casino, odds are against you at the Casino but at least you can TRUST the ODDS.   

I'm letting "emotions" affect my investing decisions.   I know this and it's costing me... missed out rolling over the CASH... probably missed out on another 80%+.......  but investing more money in a company I have TRUST issues with just doesn't feel right.....   Of coarse, these days I don't think you can TRUST anyone.   


All just my opinion/view/thinking/developing serious Trust issues.  


rad10 wrote: What happened with the commons Raging?

Preferreds have done very well.  I loaded up on hse.pr.e. and I am very happy with the position.  


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