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

Energy Oil & Gas Integrated

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 > when oil goes up

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Post by mattressstash on Jul 01, 2021 10:12am

when oil goes up

Oil goes up a buck, and the share price is only up 20 cents usd, it goes down 10 cents and there's a huge sell off. Something isn't right in Denmark, especially when comparing this company to smilar Canadian oil companies.

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Comment by oilandgasmick on Jul 01, 2021 10:19am

It's tough to overcome the stigma and prejudice against the energy industry when you are competing with a saint like Greta or grease ball like Suzuki but sooner or later money talks and bullsh*t walks. The key is debt reduction and increased FCF--sooner or later even holier than thou pension funds run by spoiled wokesters have to take notice. Its a delayed reaction but cash is cash. If we ...more

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Comment by mattressstash on Jul 01, 2021 5:04pm

American long week-ends are good for Canadian oil, sell tomorrow and buy back at the end of next week. Its a gambit, but I'm thinking that CVE will be around 9.50USD, if oil prices drops a couple of cents from monday to friday, I will be watching and probably selling by the end of the day tomorrow, jmo and it dosn't mean much, else I'd be rich.

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