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

Energy Oil & Gas Integrated

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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Cenovus Energy Inc > Object/Goal should be to produce less oil but for greater

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Comment by Albatrosson Nov 04, 2021 5:34pm

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Post# 34089123

RE:Object/Goal should be to produce less oil but for greater

They can't just start/stop operations with a push of a button.. and unless you pay for massive amounts of storage that you leave unused for the majority of the time until some price crash happens...

The ones that produce at a loss will fail. The ones that don't will continue and profit. If there was someone that could control it all I'm sure they would but then you get a monopoly and that doesn't benefit the consumer at all.

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