Cenovus Energy Inc CVE

Primary Symbol: T.CVE Alternate Symbol(s): CNVEF | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G | CVE.WS | T.CVE.WT

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 > unexpected weaker Q2 US refining margins being reported...

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Comment by Margin321on Jul 24, 2024 11:14am

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Post# 36146159

RE:unexpected weaker Q2 US refining margins being reported...

I did not expect that. But in case of CVE thelast year Q2 was weaker than for some others. Meaning the comparisons will not be as bad as for soem of the examples mentioned.

And oil prices higher and discount for west canada crude less.

We only have until next Thursday (8 dyas) for quarter report, so we will know soon enough how the quarter numbers played out. I just hope they finally hit the $4B net debt target.

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