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

Cenovus Energy Inc > EPS Q3 $0.27 Q2 $0.11 Q1 $0.11

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Comment by CashHungryon Nov 03, 2021 10:13am

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Post# 34081706

RE:RE:RE:RE:RE:EPS Q3 $0.27 Q2 $0.11 Q1 $0.11

Bingo!

RagingBull3 wrote: I guess... but I'm looking over 3 quarters... but I guess Total Liabilities going up is not too much an issue as long as Total Equity goes up more organically through profits.

But I would sure feel better seeing Total Liabilities going down....without the need to try to explain why they went up.

All just my opinion/view/thinking/guessing.

CashHungry wrote: At the risk of enraging the ragingbull I am going to make a home economics anology. You have a loan outstanding with your credit union for 12.4K. Over the course of the past few months you have accumalated some excess funds of about 2K, of which you want to use about three quarters to pay off the debt. However, the credit union does not simply allow you to transfer the funds immediately as their is fairly cumbersome process for early repayment. After several weeks you are able to complete the transfer and pay down debt as described above. Shortly afterwards you meet with your financial advisor who is viewing your last months statements and asks about the outstanding balance at which time you advise him that since the printing of the statements the balance was reduced by about 1.4K using the cash on hand.