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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

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

Comment by Quintessential1on Jan 07, 2022 6:21pm
142 Views
Post# 34294963

RE:RE:RE:RE:RE:RE:Warrants

RE:RE:RE:RE:RE:RE:WarrantsI am starting to think that the warrant book value was based on everyone's individual Husky common share book value at the time of the aquisition.

My warrant book value is higher than both of yours as I would assume so was my average cost per common Husky share and based on the percentages thrown out I would say around tripple.

As I too consider the warrants a transaction bonus the costs will only help offset the taxes

The yield earned on the exersised shares only amounts to 0.794% so if you can take the $6.54 and invest it in something with a higher yield like Peyto @ 6% per year you can make 5+% and if CVE ever outpaces that yield you can sell up and exersise the warrants then or at the expirary date.


Husky4000 wrote: I agree with mrbb's take on the matter....They were free.  But since my broker put an acquisition price tag on it, I'm not gonna complain.  Then again my numbers and Oasis numbers don't seem to correlate, even if he had a 3$ HSE average.  It seems off


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