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

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Post by RagingBull3on Apr 04, 2022 10:47am

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Post# 34572962

I expect Total Liabilities to Drop a little, but Shareholder

Equity to drop a lot in next report. With oil $100+ It should be the other way around..... Shareholder equity should be Rocketing up while Total Liabilities dropping like a rock...

Red light flashing for me....well, it's yellow light, as higher oil prices lifts all boats, no matter how many holes management drills in the bottom of the boat.

But remember, the higher it goes, the father it can sink. CVE share price went from close to $40 all the way down to about $2.55 before I think.

All just my opinion/view/thinking.

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