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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

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 > U.S. Refiners Set to Report Strong Q1 Earnings says TD..
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Comment by downwithdotcom1on Apr 26, 2024 6:39pm
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Post# 36010434

RE:U.S. Refiners Set to Report Strong Q1 Earnings says TD..

RE:U.S. Refiners Set to Report Strong Q1 Earnings says TD..

apparently not true for Phillps 66...see below...dwdc

"Phillips 66 reported lower-than-forecast profits for the first quarter of the year, as refining margins halved from the year-ago period and refinery maintenance affected product sales.

The U.S. refiner reported on Friday first-quarter earnings of $748 million, down from $1.3 billion for the fourth quarter and $1.96 billion for the first quarter of 2023.  

Adjusted earnings per share for Q1 2024 came in at $1.90, below the analyst consensus estimate of $2.20 in The Wall Street Journal.

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