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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.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 Ocalamanon Jan 27, 2024 10:37am
296 Views
Post# 35848494

RE:Wood River and Borger

RE:Wood River and BorgerI think the market has been thinking this for a while now because if it does come to pass there will definately be a new share issue along with a debt issue to deal with. This is still a premium company with compelling metrics but shareholders are in a pay me now mode. I think management knows this full well and are balancing the increased share count and debt issue with a longer runway to increase payout to share holders. With a depressed share price curently it might be a roadblock to additional share dilution.
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