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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 downwithdotcom1on Sep 10, 2024 12:29pm
212 Views
Post# 36216844

RE:Oversold

RE:Oversoldand thats the irony...CVE is well managed, very profitable, has a growing production base with a rock solid balance sheet and has finally reached this 100% FCF return level where-as Parex is an absolute TRAINWRECK - weak current production, uncertain production outlook, potential large reserve reduction and the unexpected departure of its CFO etc etc ...and they are both on the same list??? outrageous!!!. This is the 3rd major sell-off for CVE in as many years..looking to take another trade position soon...dwdc
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