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 > Rangers30, please indicated the error. For HSE shareholders

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Comment by RagingBull3on Jan 13, 2022 8:06am

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Post# 34311684

RE:RE:RE:RE:RE:Rangers30, please indicated the error. For HSE shareholders

You're the one acting like a child. You're still stuck in elementary school yard setting where everyone picks on the nerd just to fit in with everyone else. The nerd hasn't done any really wrong, but just because everyone else picks on him, you join in, even though the nerd hasn't done anything to you.

Grow up... I expect this from Woodforbrains, so it doesn't bother me.... but I assume you have some marbles up there, use them.

Either, use your ignore button, or tell Rangers30 to back up his claim.

All just my opinion/view/thinking.

SHayden wrote: Purposefully annoying others because someone upset you is beyond childish, it's things like this you do which is why no one wants to help you. Try acting like an adult, and you will be treated like one.

RagingBull3 wrote: And it's a$$ holes that come out to bash and name call and say everything I say, my calculation is wrong, and without indicating/supporting/helping out.

Why don't you stop spamming the board.

If you want me to stop posting this, then ask Rangers30 to come out and tell me what's wrong with my calculations.... and have him post some helpful info.

Otherwise, stop your B&tching SHayden....

All just my opinion/view/thinking.

SHayden wrote: Please stop spamming the board, this is very childish.

RagingBull3 wrote:

RagingBull3 wrote: calculating ACB of CVE shares and warrants. Understanding how to calculate, helps to understand your GAIN or LOSS for 2021, and whether for the commons to declare a gain or loss for 2021... depending on your tax situation.

Example: You bought 10,000 HSE shares at $3.00/share sometime before 2021.

Calculation for common shares:
# CVE shares = 10,000*0.7845= 7845
Portion ACB HSE share = 96.58%(10000*3)= $28974
ACB of CVE per share = 28974/7845 = $3.6933

Your ACB went from $3 to $3.69 because you have less shares and portion.

Calculation for warrants:
This should mean $30,000-28974 = $1026 is HSE ACB portion of warrants or 30000*0.0342=$1026

# of warrants is 10000*.0651 = 651
CVE ACB of Warrants = 1026/651 = $1.576
Gain to report for 2021 = $3.30-1.576 = $1.42 per warrant.... and now your ACB for warrants is $3.30.

Rangers30, please correct errors.

All just my opinion/view/thinking/calculating/gussing