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Cenovus Energy Inc T.CVE.WT


Primary Symbol: 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

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
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Post by retiredcfon Mar 01, 2023 12:21pm
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Post# 35312745

Another Oil Price Projection

Another Oil Price Projection

Energy market to be sloppy short term, but we could see WTI at U.S. $90/bbl by summer: Michael Tran

Michael Tran, managing director of global energy strategy at RBC Capital Markets, provides his energy outlook. Tran says the market will struggle for now, but eventually, China reopening and Russia's cutting output will support the price of crude. He adds demand for crude in the U.S. has softened amid recessionary risks. However, he notes oil demand won't be as relevant given supply will continue to tighten, which will drive prices up.

https://www.bnnbloomberg.ca/video/energy-market-to-be-sloppy-short-term-but-we-could-see-wti-at-u-s-90-bbl-by-summer-michael-tran~2638061

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