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Cenovus Energy Inc T.CVE.PR.E


Primary Symbol: 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.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

Post by downwithdotcom1on Aug 26, 2024 12:01pm
399 Views
Post# 36196153

oil stocks not participating in oil's rally yet again!!

oil stocks not participating in oil's rally yet again!!at one point, oil up 4% and is still up 3% yet most oil plays didn't even reach this plateau and in fact are falling back ONCE AGAIN ala CVE up only 20 cents now, BTE falling back to sub $5...what happened to those days as a step jump in actual oil prices would cause even a larger jump in oil stocks as this was deemed all profit going to the bottom line??? Its the ALGOS built into computerized trading programs destroying these attemped break-outs time and time again...who's doing this???  Criminal gangs use SHOT CALLERS for direction and they do their work often from prison...not sure there is that much different when trading in commoditees...thoughts??? dwdc
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