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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Comment by RagingBull3on Oct 12, 2021 9:17am

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Post# 33996649

RE:RE:RE:cve

Then again.... TAXES (RATES) are probably going to go through the roof. Governments around the world are going to TAX TAX TAX everyone..... The USA already going around the world trying to make agreements on "Minimum Tax".

All just my opinion/view/thinking.

RagingBull3 wrote: MaynaardKeanes says it's a "no brainer" but then goes and Hedges their position. LOL..

He doesn't even believe his own words.....

I guess it's better than selling and incurring huge Gain and have to pay HUGE TAXES.

I should have sold only 1/2 of my position last year and held the other half to sell this year. It wouldn't help with the Taxes but I knew it was going to continue up. Anyone can go back and check my post. I sold not because I thought the share price would go down, but because of "TRUST" issues. I do admit, I let my emotions affect my investing.

I might have Quadrupled my networth if CVE redeemed the Preferreds for $25/share.

All just my opinion/view/thinking.

MaynaardKeanes wrote: Thanks. We have now hedged our position with bear spreads we put on in the last few rallies so even if this baby drops, no substantial losses possible here.