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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

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 > Calculating Your "Cost" on Commons and Warrants
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Post by RagingBull3on Jan 07, 2022 5:25pm
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Post# 34294812

Calculating Your "Cost" on Commons and Warrants

Calculating Your "Cost" on Commons and Warrants"Husky common shareholders received 0.7845 of a Cenovus common share and 0.0651 of a Cenovus common share purchase warrant in exchange for each Husky common share."

Ok, I'm going to take a guess on the calculation/formula, I could be wrong.

Original Cost Of HSE share =  (0.7845xCVE Commons) + (0.0651x CVE Warrant)

We know our Original Cost....  Can we figure out our cost on CVE commons and warrants?

Let's say our original cost of HSE shares is $10... then formula is basically this:

$10= 0.7845(x)   +   0.0651(y)

What numbers for "x" and "y" solves the equation????

I guess the Answer to this question is in our Jan/2021 statement according to Husky4000 and others who's claiming all these different "Cost"...

Anyways, I believe that's the formula you can use to "Verify" if information (cost) given to you is correct.

All just my opinion/view/thinking.... rambling on and on and on.... it's my way of figuring things out/ discovering things.


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