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 > Q1/2022 ROYALTY RATE @ Sunrise SAGD: 5.5% !!!

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Comment by mrbbon Jun 14, 2022 4:54pm

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Post# 34756353

RE:Q1/2022 ROYALTY RATE @ Sunrise SAGD: 5.5% !!!

most if not all of the lloyd thermal assets came from Husky.

Eigen337 wrote:
@ March 31, 2022:

Royalty Rates (%):

Christina Lake:     29.1

Foster Creek:     24.4

Lloydminster Thermal:     11.3

EFFECTIVE royalty rates have a TREMENDOUS IMPACT on the FREE CASH FLOW GENERATION of the BITUMEN assets !!!???!!!

This is my opinion only.

Eigen337