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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 RagingBull3on Jan 08, 2022 4:40pm
160 Views
Post# 34296636

RE:RE:RE:RE:RE:Calculating Your "Cost" on Commons and Warrants

RE:RE:RE:RE:RE: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." 

Based on this, the number of shares I got works out correctly.   Where you getting 3.64%  ???

As for $4.651 and $4.20.... for prices of commons and warrans, don't have a clue where/how those number came to be, nor the selling price of HSE shares.

But Ya.... I think I'm missing info... given the info on page 101 you posted which repeatedly says "portion". 


All just my opinion/view/thinking/wondering



Husky4000 wrote: It's obvious your broker did not do it correctly. As per my calculation, 3.64% of the shares were used to get the warrants. And as I understand, this is the part that is taxable.As disposed at 6.76 minus your cost basis.  

Someone correct me if I'm wrong

You might want to clarify with your broker before they send the tax papers


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