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 > Massive upswing in profit

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Comment by Maxmoeon Jul 28, 2022 12:30pm

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Post# 34857346

RE:Massive upswing in profit

Fantastic numbers and a big yawn from investors. But that's okay, I've got small caps with big torque and this one for steady raise as the entire energy sector improves. It's doubled in the last year, and has very visible path to double again for the next year. Unless suncor sells petrocanada super cheap, let's hope cve doesn't buy any downstream assets and sticks to growing oil production instead. Like all my oil stocks, I couldn't care less about a dividend. Just keep pounding out cash flow and pounding down the debt!