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.

TSX:CVE - Post by User

Cenovus Energy Inc > Inflation HITTING REFINERY Sustaining MAINTENANCE EXPENSES !

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Comment by RagingBull3on Jan 28, 2022 4:59pm

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Post# 34373173

RE:Inflation HITTING REFINERY Sustaining MAINTENANCE EXPENSES !

I don't think inflation will affect Q4 results too much. Cost start to hit Q1 and forward.... That's why I think the new NORMAL oil should be $100-120. But I don't think that will happen, a new normal.... oil will probably get to $120, but it won't stay there.

All just my opinion/view/thinking.

Eigen337 wrote:
CVE has 2 refineries in 50% PARTNERSHIP with P66 (PSX-NYSE) and P66 is the OPERATOR at BOTH facilities !!!

^^^^^^^^^^

Laura Sanicola

@LauraSanicola

Phillips 66 says the cost to maintain/repair its refineries in 2022 will be $800-900 million. An analyst noted this is the highest in the history of the company

12:24 PM · Jan 28, 2022

**********

This is my opinion only.

Eigen337