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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.


TSX:CVE - Post by User

Comment by vwbusmanon Mar 26, 2023 7:56am
238 Views
Post# 35361065

RE:RE:We are even right now....

RE:RE:We are even right now....This is a very valid point - bumping up the dividend a bit would have been prudent to maintain shareholder interest.   I am still unhappy about kicking the can down the road due to a large tax bill that they obviously should have planned ahead for.  This is a larger holding and I am hanging under the assumption they will finally get it right and be able to have some significant cash flow go back to shareholders by the end of 2023.
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