Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 oilandgasmickon Oct 18, 2021 11:05am
278 Views
Post# 34018040

RE:RE:RE:RE:$83 oil

RE:RE:RE:RE:$83 oilYes, same pattern again--a small rise in share price and then COP jumps on the sell button and the day traders start cashing it in as well. I guess a 2-3% profit a day is a good living for some people but hey that's the financial system.

The World still has a tough time realizing that the last 7 years of underinvestment will have structural effects that will last a decade but they will have to discover this the hard way.

CVE probably only "holds" at 15+ once the quarterly report is out and the new net debt and cash flow numbers are confirmed. Until then the skepticism continues--no porblem I'll continue to hold and the same goes for SU and IMO although IMO has been on a real tear and is back to its recent historical levels.
<< Previous
Bullboard Posts
Next >>