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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

Post by andy604on Jan 19, 2024 12:16pm
386 Views
Post# 35836075

OIL vs EV

OIL vs EVOIL is doing fine, prices are doing badly,, CVE /ATH, Ottawa is putting all our money into EV Batteries, $40b+++, Tesla and ford announced cutbacks, lowered prices, and now there is a push back to gas vehicles, why is oil down?  The big money managers suggest recession/china/ inflation, but oil still is slowly climbing up till the big move come spring... Oil is on sale.
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Opinion: Ottawa is putting all our eggs in an EV battery basket

Opinion by Special to Financial Post • 6h

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