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

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Post by RagingBull3on Jan 27, 2022 3:12pm

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Post# 34368060

Those Preferreds With Share Price Around $25 (redemption)

I'm guessing futher Capital Gains pretty much CAPPED. So what's left is just the Dividend, plus RISK of share price drop.

3% GIC not looking Bad from CIBC.

But have to remember....

GIC is locked in, no access to funds until maturity. And after maturity don't know what the rate will be.

Preferreds are basically perpetual and rates reset for most every 5 years. Could reset at higher rate. Plus, need access to funds, can always sell any time.

All just my opinion/view/thinking/assessing

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