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 > Excellent Q1

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Comment by MigraineCallon Apr 27, 2022 2:15pm

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Post# 34636335

RE:Excellent Q1

Actually Chad, that is a good point to illustrate the difference between the Canadian and US charts due to currency changes over the last while.

The 52 wk high on the CAD side is $23.13 CAD, only $.20 away.
On the US side it has a lot more room to catch up at $18.44 US, about $.53.

For technical traders, that gives 2 different levels of resistance to be aware of, so it depends on which side and which chart you are trading.

Watch what happens as it approaches each level as profit will start to be taken just before them.