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 > Fishy

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Comment by ztransforms173on Jan 12, 2024 10:43am

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Post# 35823557

RE:RE:RE:Fishy

- in my VIEW, the market is CONCERNED that CVE will BUYOUT the 50% share of WRB REFINING held by Phillips 66 DELAYING the 100% FREE CASH FLOW RETURN TO SHAREHOLDERS framework

- there is NOTHING WRONG with the CORE OPERATING business segments that are SPINNING OUT HUGE FREE FLOWS of CASH

- POTENTIAL RECESSIONARY FEARS is ALSO a CONTRIBUTOR

* you must REMEMBER that CVE TRADING is DOMINATED by the BIG PLAYERS and "OILSANDS" is a DIRTY WORD to many HEDGE and PENSION FUNDS

z173

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