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 > Wood River and Borger

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Comment by Cabarete1on Jan 27, 2024 5:00pm

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Post# 35848809

RE:RE:RE:RE:RE:Wood River and Borger

The do have the 'oppertunistic aquisition' excuse, and if the price is right, then it's valid. Short term pain, vs long term gain. I say go for it with debt, not stock, and increase the div. They will be able to pay it off within years, not decades, and with this out of the way, there's not really any other oppporutites out there. MArket will likely react, but medium term it's the right move All comes down to the price, it has to be reasonable. I imainge it's a big game of chicken as both sides know it.

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