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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

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

Comment by packerdriveron Aug 04, 2024 5:15pm
153 Views
Post# 36164003

RE:RE:RE:RE:war premium??

RE:RE:RE:RE:war premium??So that's what you're going with? The oil market is a "fake market"....it's rigged? The Dems can and did cause the price to drop 10 bucks??? And they did this by BUYING 40 million barrels in the market??? Yep, sounds like MAGIC alright....Do they use a wand, a rabbit and a top hat???

BTW, the corrolation you make about the oil price and US Presidential elections is one heard ALL the time...but recent elections just do not support it...

In Nov 2008 Obama took the WH away from the Reps. Oil had dropped all summer down to 52 bucks
In Nov 2012 Obama was re-elected when oil was 88 bucks a barrel !
In Nov 2016 The Dems lost the WH to Trump when oil was down to 40 bucks a barrel
In Nov 2020 Trump lost to Biden when oil was only 40 bucks a barrel

That corrolation sure gets a lot of press and cause talking heads to flap their gums a whole lot....but recent  history shows it's not as important as it's made out to be. Funny, eh?

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