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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 Power1on Jan 19, 2024 7:46am
336 Views
Post# 35835426

RE:RE:RE:Globe and Mail today

RE:RE:RE:Globe and Mail today

Please explain.....

outstanding shares were over 200M just a couple of years ago.  


company has made great progress on share buybacks and debt reduction. 


I was a holder of husky and cve.  It's worked very well for me.  


current price is cheap if oil is trading low to mid 70's. 

everything working against cve right now creates a catalyst for returns.  


cheers.  

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