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 > Oil Inventories Drop Most Since 2019

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Comment by oilandgasmickon Dec 01, 2022 8:52pm

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Post# 35145087

RE:RE:Oil Inventories Drop Most Since 2019

The thing about virtually all these analysts is that they are band wagon jumpers. You rarely hear a dissenting opinion when the trend is pointing one way or another.

Nuttal is the perfect example.

3 years ago he was everywhere on the tube saying that you shouldn't touch natural gas stocks because he couldn't see how they were going anywhere. He cited all kinds of reasons.

Now he calls them a "generational opportunity."

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