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Bullboard - Stock Discussion Forum 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.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > Less then a year remaining...
View:
Post by Wynjoe on May 04, 2021 11:31am

Less then a year remaining...

in Cenovus/Conoco,deal,pertaining to wcs pricing.Cenovus shares were at $17.00 when deal was struck four years ago.If Cenovus could buy back these shares that Conoco are holding for under $10.00,or even higher,i think that would be sweet!!!!Conoco only holds two Billion dollars worth of shares,(todays s/p).With future oil prices looking firm,now would be a good time for Cenovus to buy back the shares Conoco holds.Just maybe Cenovus could make a trade with Conoco....Cenovus non core assets for Conocos shares they hold in Cenovus???
Comment by JohnSP on May 04, 2021 11:37am
Good points, but the last thing COP wants is back in to Canada, especially for non-core assets.
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