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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 Margin321on Oct 19, 2024 1:24pm
164 Views
Post# 36273177

RE:RE:RE:RE:Bargain?

RE:RE:RE:RE:Bargain?It will be interesting to see how your timing plays out. I am on the other side of that trade. I  figure the deep value protects me long term, no matter how current quarter results swing the shares.

With ever  increasing  costs of drilling wells (materials, labor, regulations)  I see the advantage of SAGD wells that will produce for 30 years with modest maintenance a huge advantage over the shale model of continuous driilling of rapidly depleting individual wells. Shale producers are on a treadmill where more and more capital has to be applied to keep production constant., let alone grow it.

Just my thoughts. You can say I told you so if we enter another down leg.

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