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Cenovus Energy Inc T.CVE.PR.E


Primary Symbol: 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.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 Commr51bkdon Nov 01, 2024 9:55am
161 Views
Post# 36292120

RE:RE:RE:RE:These FUND Managers SELLING CVE Shares Are MORONS !

RE:RE:RE:RE:These FUND Managers SELLING CVE Shares Are MORONS !Currently, it is a whopping 0.4%.  If the price stayed this low long enough for me to get to 5K shares, it would be a little over 5%, but that would only be if my net worth stayed the same.  Fortunately, i get paid in USD (I say fortunately only by comparison to the CAD, i have 5% in gold already and my dividend earnings are used to buy either PHYS or actual physical gold).   In the past, i  made the mistake of buying canadian energy stocks on margin, which has cost me performance in the portion of my portfolio i allocate to energy, but only because i was forced to sell at the wrong time(s).  Now that i am 5-7 years from retirement, i dont have the luxury of taking that kind of risk anymore!  Betting against climate change nazis, however, IS a risk i am still willing to take (up to a threshold anyway).    
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