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 > Total Liabilities, And How Fast/Much Are They Going Down...

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Comment by TopStockBuyon Feb 04, 2022 4:26pm

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RE:Total Liabilities, And How Fast/Much Are They Going Down...

Liabilities get paid mostly as a cost of doing business. They are financial obligations like a lease agreement. Loans and debt are not the same thing. Vacation time owed to employees is a liability as is reclaiming land after 25yrs. They will never pay off liabilities to zero unless they go out if business. So yes financial obligations need to be met but no they will never pay off liabilities as long as they are in business.

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