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Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CNVEF | CVE | 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 > Rail strike?
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Comment by Quintessential1on Aug 27, 2024 11:44am
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Post# 36197773

RE:RE:Rail strike?

RE:RE:Rail strike?Good info there thanks for posting.  It all looks like it is moot now that the strike appears to be over but good to know for the future.  It also begs the question:  If there is excess capacity on TMX and other pipes and shipping by rail is more expensive than pipes,  will those shipping by rail numbers drop?

Also good to note that these are export numbers only and do not take into account shipping by rail domestically to the east coast.

CRUDE OIL

* An average of 94,400 barrels per day of crude oil has been exported via rails this year, according to the Canada Energy Regulator. * The strike is, however, unlikely to significantly reduce oil exports to the United States, due to excess capacity on Trans Mountain and other pipelines.

GLTA

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