Bullboard - Stock Discussion Forum Cenovus Energy Inc CVE

Primary Symbol: T.CVE Alternate Symbol(s): 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.... see more

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TSX:CVE - Post Discussion

Cenovus Energy Inc > BP, Exxon talking weak refining margins..

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Post by downwithdotcom1 on Jul 09, 2024 2:44pm

BP, Exxon talking weak refining margins..

Various newfeeds talking about BP taking a $2 bill impairment charge on one of its Europeon refineries owing to WEAK refining margins, now EXXON is also warning about lower than expected earnings due again to weker refinery margins....is this just a europeon concern (my opinion, doubtful) so what does this mean for CVE??? I am so getting tired of these downstream manufacturing poor performance stories and will this be a another drag on earnings for CVE??? thoughts?? dwdc

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