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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

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 > Shale giants say they won't drill more
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Comment by Quintessential1on Feb 18, 2022 6:18pm
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Post# 34443706

RE:RE:RE:RE:Shale giants say they won't drill more

RE:RE:RE:RE:Shale giants say they won't drill moreI never meant to imply that Cenovus had a problem other than low oil prices like the ones in 2018/2019 when Shale producers flooded the market and took oil to $40.  The article was meant to illustrate that they will not have that problem in the foreseeable future either.

GLTA Longs


PabloLafortune wrote: Tourmaline's presentation has a slide that outlines the limited # of tier 1 locations in the various shales. This is the root cause of the reluctance by many shale giants to increase production. They are being rational given their circumstances. Cenovus doesn't have that problem.


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