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Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | CNVEF | 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

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 retiredcfon Sep 14, 2024 6:40am
191 Views
Post# 36223584

Nuttall Details

Nuttall DetailsFirst stock in the clip. Spoke to him again yesterday at the Toronto MoneyShow. He and his family also own CVE personally. GLTA

https://www.bnnbloomberg.ca/video/shows/market-call/2024/09/13/eric-nuttalls-past-picks-cenovus-energy-athabasca-oil-and-veren/

Cenovus Energy (CVE TSX)

  • Then: $28.28
  • Now: $22.10
  • Return:-22%
  • TotalReturn: -19%

PAST TOP PICK
Cenovus Energy(CVE-T)
13/09/2024

(A Top Pick Sep 29/23, Down 19%)
Will continue to own stock. Excellent company with quality upstream production. Downstream issues continue to be an issue. Overall, business moving in the correct direction. Other companies like Suncor have been attracting like minded capital from investors. Very good management that has experience to fix downstream issues. Company also will reach final debt target, and will return 100% of cash flow to investors.

Oil / Gas

Eric Nuttall
$22.030
Owned

 


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