Cenovus Energy Inc CVE

Primary Symbol: T.CVE Alternate Symbol(s): 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

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 > Irving Oil purchasing Cenovus Oil

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Comment by Quintessential1on May 17, 2024 1:46pm

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Post# 36045918

RE:RE:RE:RE:RE:Irving Oil purchasing Cenovus Oil

I agree they seem like excellent operators. Actually better than most which makes the acquisition seem all the better.

Just spit balling numbers and ideas. Speaking of which I think I may have trump sized the gain since the acquisition at 2.5 times in 3 years it becomes 150% or 50% per year. One I use for the banks the other for the government when I pay taxes. ;-)

It would be nice if others waded in with their opinions and ideas.

GLTY and all

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