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

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

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Post by Quintessential1on Jun 21, 2024 9:04am

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Post# 36099615

Potential future FCF yields and shareholder returns.

I coppied this post courtesy of Westcoastenergy on the ARX board who got it from loonie tunes over on the WCP board who gleaned it from Nuttal's blog. Thanks to all as it seems CVE does quie well as potentially, so do we.

Dare to dream??? At $80WTI and $4NYMEX over the next 5 years (our base case), the magnitude of cumulative dividends and share buybacks is staggering. Too, via the power of meaningful share buybacks = multiple co.'s would free cashflow their entire pro-forma '29 market cap each year in just 5 years time. A big thank you to Peters & Co. for the data! We remain bullish.