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 12:14pm

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Post# 36356849

RE:RE:RE:Irving Oil Refinery

CVE already has vertical integration with all the refineries that they can't run properly. They already have refining capacity of almost 750 000 bbls with upstream production of 800 000. You want them to be a net refiner of 300 000 bbls, especially given their terrible track record of refining? . The market hates CVE's downstream, if they would another refiner of over 300 000 bbls/day, I guarantee it would not be pretty for the stock....

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Critical materials crisis: Diversifying away from China’s monopoly