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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.


TSX:CVE - Post by User

Cenovus Energy Inc > war premium??
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Comment by packerdriveron Aug 04, 2024 9:27pm
150 Views
Post# 36164135

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

RE:RE:RE:RE:RE:RE:war premium??
Sorry, bud....I was responding to your:
"Packer you do realize there was Zero chance of Biden winning presidency with a HIGH Oil Price ?"
and your suggestion that "Dems" lowered the price....I just showed that in the last elections incumbents lost with low oil prices and incumbents won with high oil prices...That's all...

You said: "We are/were talking about the war premium to oil price right now"...Well, it's down ten bucks you say.... that's your "premium"? (???)

The oil price is lower because futures contracts are lower....people who "stick their necks out" betting real money on what the oil will be say it's going to be LOWER....it's not the "Dems", not the Saudis, Soros or Blackrock....it's the MARKET...and it does not think WW3 starts anytime soon....That's all.


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