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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.


TSX:CVE - Post by User

Post by RagingBull3on Feb 10, 2022 6:48am
277 Views
Post# 34415477

READ BETWEEN THE LINES......... 10 WARNING Signs

READ BETWEEN THE LINES......... 10 WARNING Signs1.  Preferreds Were Not Redeemed despite what TERMS said, despite being expensive form of "debt", at the time of the HSE/CVE transaction.    
2.  Early 2021  MASSIVE Options handed out.
3.  Multiple Asset Sales...... Many come out to voice opinion on how CHEAP Retail sold.
4.  Sept. 2021... Company Issue $1.25 Billion Senior Notes
5.  Dividend sitting at only 3.5 cents/Q
6.  Company does NCIB..... But Preferreds, which are paying up to 8 times the amount of dividends over the commons I don't think are bought back.
7.  Next,   I think Options begin to be excercised and common share sold.  I'm not an option person, so someone check on this to verify.
8.  Total Liabilities climb to $30+ Billion and Big Cash Pile Stitting there.
9.  Dividends not increased.

10.  Finally, $1.9 Billion of impairments disclosed


Could be wrong on some of my points, check out yourself.  Read between the lines.  

All just my opinion/view/thinking/guessing



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