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Cenovus Energy Inc T.CVE.WT


Primary Symbol: T.CVE Alternate Symbol(s):  CVE | CVE.WS | 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 retiredcfon Apr 02, 2024 6:52am
352 Views
Post# 35964416

Analyst Recommendation

Analyst RecommendationAnother positive attribute about Eric Nuttall (who I have met several times) is that during the down years for energy, he routinely showed up on BNN and took his lumps as his picks had obviously gone down along with the entire sector. Others like Josef Schachter, simply faded away.. GLTA

BUY
Cenovus Energy(CVE-T)
01/04/2024
 
Likes the energy sector: great fundamentals, will generate free cash flow. CVE has benefited from rising oil prices. This is positioned well for 2-3 years.
Oil / Gas

Andrew Pyle
$27.300
Unknown
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