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 > Sold half

<< Previous

Bullboard Posts

Next >>

Comment by oilandgasmickon May 06, 2022 10:57am

426 Views

Post# 34662120

RE:RE:Sold half

I trimmed my position back a bit too (at 25 bucks) and am looking for a 30 buck price to further trim my holdings.

I think oil stocks are still way underpriced but unfortunately rational thinking isn't something that you can count on in the markets. If it was then Shopify wouldn't have hit 2200 bucks a share.

All the money in the world is of no use to you if you can't sleep nights and end up in an early grave.

The good news here is that all the people who bought in around 2013 and held on can now get their cash back. Just 2 years ago that seemed like an impossible dream.

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"