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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

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.


TSX:CVE - Post by User

Cenovus Energy Inc > RED FLAG: UNLIKE IMO; LARGEST INSIDER DOESN'T DO NCIB
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Post by ztransforms173on Apr 03, 2024 5:55pm
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Post# 35969037

RED FLAG: UNLIKE IMO; LARGEST INSIDER DOESN'T DO NCIB

RED FLAG: UNLIKE IMO; LARGEST INSIDER DOESN'T DO NCIB- therefore, they BECOME MORE CONCENTRATED OWNERS

@ March 6, 2024:

S/O:  1,866,489,724

SHAREHOLDER NUMBER OF SHARES OWNERSHIP

Hutchison Whampoa Europe Investments S. r.l.
(Hutchison Whampoa) 316,927,051 16.98%

L.F. Investments S. r.l.
(LF Investments) 231,194,699 12.39%

- these 10% insiders DO NOT PARTICIPATE in the NCIB

- EVEN THOUGH the NUMBER OF SHARES REMAIN THE SAME, THEIR SHARE OF OWNERSHIP INCREASES as CVE BUYS BACK and CANCELS shares under the NCIB program

- I, for one; AM NOT HAPPY with this even though they have ONLY 2 BOARD SEATS OUT OF 13

z173

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