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.

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Cenovus Energy Inc > IT WORKS!!!! I was able to calculate ACB CVE and match

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Comment by Husky4000on Jan 10, 2022 2:16pm

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Post# 34300690

RE:IT WORKS!!!! I was able to calculate ACB CVE and match

The thing is you still have to take into account HSE capital gains pre-merger.

Even if by fiction the cost basis of CVE is 7.75.

When you sell your CVE at 17.75 for example, you have 10$ capital gains per share right?

Ok, but what about the gains from HSE???CRA will want the money.

As I demonstrated yesterday, CVE 7.75 is HSE 6.07 (not taking into account the 3.42%....so let's say CVE 7.75 is HSE 5.90 more or less)

Then, if your average HSE is 3.90, you have an additional 2$ cap gain.

That's my point

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