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 > Oversold

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Post by retiredcf on Sep 09, 2024 11:14am

Oversold

CVE was on the list. GLTA

There are 15 index stocks trading at oversold levels below the RSI buy signal. Parex Resources Inc. is the most oversold company followed by Canopy Growth Corp., Africa Oil Corp., Pason Systems Inc. and Atkinsrealis Group Inc.

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Comment by downwithdotcom1 on Sep 10, 2024 12:29pm

and thats the irony...CVE is well managed, very profitable, has a growing production base with a rock solid balance sheet and has finally reached this 100% FCF return level where-as Parex is an absolute TRAINWRECK - weak current production, uncertain production outlook, potential large reserve reduction and the unexpected departure of its CFO etc etc ...and they are both on the same list ...more

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Cenovus Energy Inc