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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.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.


TSX:CVE - Post by User

Cenovus Energy Inc > Sell off is overdone
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Comment by Albatrosson Jan 21, 2025 11:21am
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Post# 36413463

RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell off is overdone

RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell off is overdone The landlocked refineries of the Midwest cannot get their oil from anywhere else other than Canada... a lot of the us refineries are geared to take Canadian heavy at a discount and that's how they run. They cannot easily replace that pipelined heavy. Canada will sell its oil to these refineries at the same price and the refineries will have to pass on the tariff to these oil purchaser (refineries) which will pass on the price to their products at the pump or eat the cost. That's how that works, DUH
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