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Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G | CNVEF | CVE.WS | T.CVE.WT

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

Post by retiredcfon Aug 22, 2022 12:46pm
461 Views
Post# 34911692

UBS

UBSYet another analyst that thinks demand for oil will be greater than available supply which explains why they see the price per bbl hitting $120 by year end. GLTA

S&P 500 will slide to 3,900: Brenda O'Connor Juanas 

Brenda O’Connor Juanas, senior vice president & financial advisor at UBS, joins BNN Bloomberg and warns that more pressure on stocks is coming and she sees oil soaring to about US$120 again.

https://www.bnnbloomberg.ca/video/s-p-500-will-slide-to-3-900-brenda-o-connor-juanas~2505636

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