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 > Warrants

<< Previous

Bullboard Posts

Next >>

Comment by RagingBull3on Jan 07, 2022 9:18am

127 Views

Post# 34292259

RE:RE:Warrants

I bought late on HSE Commons @ $3.67.... as I was focused on the Preferreds.
What was the "formula" for the conversion? I guess I'm just being lazy and asking/posting it probably helps others also in understanding.

Easy enough just to go back and take a look.... but just being lazy.

Got to pay TAX again this year...... :(

All just my opinion/view/thinking/being lazy.

RagingBull3 wrote: I have Questions Also. What's the "Adjusted Cost Base" or Cost of the Warrants???

Warrants were derived from ownership of Husky Commons. 1 HSE share converted into so many CVE shares and warrants. So Warrants were not "Free".

So the Gain would not be the same for everyone I'm guessing, since everyone bought HSE shares at different prices.

I know there's a bunch of accountants here that think they know it all... care to share?????

I sold all my warrants a month or so ago, when ever I posted as such back then. Still holding insignificant amount of Common and Preferred.

All just my opinion/view/thinking/wondering/asking.

Quintessential1 wrote: So the CVE warrants issued with CVE shares for Husky shares are showing a 108% gain. I asume this gain is the same for everyone as these warrants were all issued at the same time and the same price to all that received them.

From other posters on this board I have become aware that the value will decrease as the leverage decreases and this will happen as we get closer to the expiry date of January 1 2026.

So my questions are:

When will these warrants stop increasing in value?

Is there a tipping point of when the warrants are worth more excercised than sold?

For those that sold warrants instead of excercising them, how was the liquidity?

For those that excercised warrants instead of selling them, what were the fees like to do this?

Thanks to all that help out by responding and GLTA longs!