Cenovus Energy Inc CVE

Primary Symbol: T.CVE Alternate Symbol(s): 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.

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Cenovus Energy Inc > Bargain?

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Comment by Albatrosson Oct 19, 2024 4:24pm

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Post# 36273306

RE:RE:RE:RE:RE:Bargain?

It could swing down, it could swing up and you could of missed it.. at this point nothing is guaranteed. I guess one could look at the bigger picture and consider maybe the higher interest rates are going to cause a small recession or dip which would affect oil prices and share prices. That has been my concern... I only just bought back in at $22 and when it popped back up to $25 I considered selling but for tax purposes I want to push my capital gains to 2025.. That decision may have cost me, there's no way for knowing for sure though.

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