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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 shareholders1on Oct 22, 2021 5:35pm
206 Views
Post# 34039348

RE:Can you be Long and Short on a stock at the same time with

RE:Can you be Long and Short on a stock at the same time withMy rough guess is this will not fly, even if you sell short in a separate "Short" brokerage account, or even if the "Short" account was at a different brokerage. 

Reality is if you own say 1000 shares, "selling short" 1000 in another account means that economically you have no more CVE shares left. So you will have your capital gain.

It may be different if say your wife sold 1000 shares short in her account. But nne big risk with this may be that if your wife's  short position makes money, her gain from the short position may not be looked at as a capital gain but could be fully taxed.

Google:  gains from short sales
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