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.

TSX:CVE - Post by User

Cenovus Energy Inc > Trying to find the ignition switch

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Post by oilandgasmickon Dec 29, 2021 10:38am

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Post# 34267439

Trying to find the ignition switch

Strange days indeed-- You would think with all the positive news and recommendations about CVE lately that we would have easily cleared 16 bucks this morning but the industry just can't seem to find the ignition switch. Still so much resistance.

I know its still relatively small volumes during the holiday week but I guess when people have learned the hard way about Bitcoin and wildly overbought tech stocks then they will finally come back to an industry that is generating record cash flows.

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Who, why, and what of the great "Crypto Surge"