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

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 > The problem with usa refinery was?

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Comment by mrbbon Feb 09, 2022 10:12pm

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Post# 34415131

RE:The problem with usa refinery was?

need need a very good forecast on future downstream processing demand as maintenance and outages do cost cashflow, plus the eventual mothballing it which is quite expensive.

soundandfury wrote: Poor utilization of just 74%...........sounds to me that they had some pretty big problems compared to last year......i do know refineries are very costly and require alot of expertise to run properly........in that reguard cve appears to have failed

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