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Cenovus Energy Inc CVE.WS


Primary Symbol: T.CVE Alternate Symbol(s):  CVE | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

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 > Illogical, illogical please explain why oil is not moving???
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Comment by Commr51bkdon Oct 01, 2024 10:31am
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Post# 36248196

RE:RE:Illogical, illogical please explain why oil is not moving???

RE:RE:Illogical, illogical please explain why oil is not moving???It may be more about the port strike - CVE is well positioned to source its oil for refining, etc, while TX based companies presumably could suffer disruption if the ILA strike persists long enough.   At the very least, it may be that some traders are realizing this as a possibility today.
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