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 > STRANGE: CEO & COO Are VAGUE On $ 8B NET DEBT Target Date ?

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Comment by clamlinguineon Feb 08, 2022 4:28pm

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Post# 34410196

RE:STRANGE: CEO & COO Are VAGUE On $ 8B NET DEBT Target Date ?

Yes, when I heard them waffling about the debt target I immediately sold the couple extra shares I picked up trying to bottom fish.

Eigen337 wrote: If you KNOW how to DO MATH, the answer is WITHIN this MONTH !!!???!!!

Especially with the CONFIRMED CLOSING DATE [in January] of the $ 800 million CASH INJECTION of the TUCKER SAGD SALE !!!

So what is GOING ON and WHY are the senior executives being COY ?????

MyTake:

They (BODs) DO NOT want to INCREASE dividends and/or BUMP UP NCIB as I 'BELIEVE' that an ACQUISITION is being NEGOTIATED !!!??????????!!!

Another thing:

CFO wants to INCREASE CASH on the balance sheet to $ 1 to 2 BILLION from the present UP to $ 1 BILLION cash ON HAND !!!???!!!

This is my opinion only.

Eigen337