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.

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Cenovus Energy Inc > Irving Oil Refinery

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Comment by cashtango00on Dec 11, 2024 10:19am

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Post# 36356479

RE:Irving Oil Refinery

Perfect. another ancient refinery that CVE would struggle with for years trying to turn around. CVE has a horrendous track record with downstream assets, has burned untold billions while the market has lost interest in the name due to its inabilty to execute, now it can add to its problems......can't make this stuff up. So much for the 100% FCF return to shareholders....very clear why CVE is such an industry laggard.

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