Cenovus Energy Inc T.CVE

Conference Call

[Dogsbreakfast4U]

I am listening to the call as I write this. Pourbaix was quite clear about the fact they have been very active looking at dispositions. My take from his words is that we can expect disposition of assets in the near future that should meaningfully reduce the debt level and accelerate returns to shareholders.

[Dogsbreakfast4U]

Pourbaix just confirmed that the bulk of the interest regarding asset purchase/sale pertains to upstream assets. He also confirmed that the retail business is still under review. 

[Wynjoe]

thats my take too dog,Cenovus is on the verge of some kind of deal,i hope if they do make a sale,they make an offer to Conoco for the purchase of their outstanding Cenovus shares.Cenovus would get a deal if they offered Conoco $12.00 plus,as those shares were purchased nearly five years ago for much more.This would drive s/p through the roof!!!!

[RagingBull3]

I would be surprised if CVE bought back the Shares.... Then again, they did issue themselves TONS of options and rights, so you would think they would be interested in a higher share price.... All just my opinion/view/thinking/guessing.

[Eigen337]

This post has been removed in accordance with Community Policy

[JohnSP]

Out here in Victoria BC, I have never seen a Husky Retail Gas Station, thus I assumed few, and sell them. But to my surprise ther are 490 of them in Canada: https://en.wikipedia.org/wiki/Husky_Energy With that many I'd keep and use to complete the vertcal integration.