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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 > BIG Houston TX REFINERY CLOSING Giving CVE + MARKET ACCESS
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Comment by Albatrosson Nov 02, 2024 3:59pm
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Post# 36293829

RE:RE:BIG Houston TX REFINERY CLOSING Giving CVE + MARKET ACCESS

RE:RE:BIG Houston TX REFINERY CLOSING Giving CVE + MARKET ACCESSUnknown to a lot of people heavy oil has a high demand because of its ability to be cracked into molecules that are ideal for jet fuel and diesel production which is predicted to increase in demand as opposed to drop, unlike gasoline... (as airplanes and diesel trucks are hard to replace with batteries) the refineries that are able to crack the heavy are more complex and therefore more expensive and possibly more dangerous to operate due to higher pressures and temperatures but they are going to be the ones that thrive over the next 10-20 years. Hopefully cenovus is well positioned as I have no idea about their refinery side of things... 
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