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

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TSX:CVE - Post Discussion

Cenovus Energy Inc > MEG is the play

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Post by invest888123 on Jun 21, 2021 11:17am

MEG is the play

1. Brookfield offer on interpipeline got rejected. Makes me wonder if meg energy is the one those big companies gonna go after next?

2. lots of chatter about cve to offer on meg?

3. husky could come back to re offer again?

4. when comparing SP of CVE and MEG, seems like cve is already at the top of the 3 year chart. when meg still got a few $$$ to go to get to its recent highs so lots of room to potentially go up this week.

imo, DD

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Comment by RagingBull3 on Jun 21, 2021 11:21am

Blahhhhaaahaaahaaaa..... Goes to show how much people know.... #3 Husky to re offer again???? Ha ha haha All just my opinion/view/thinking

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Comment by Cabarete1 on Jun 21, 2021 11:23am

It's in CVE's interst to wait a few quaters. The debt reduction and the takeover synergies will boost share price while MEG likley won't go up as much. In what's likely to be a share swap, the longer CVE can wait, the better deal they will get.

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