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

Add To Watchlist

TSX:CVE - Post Discussion

Cenovus Energy Inc > If in 2014 you hedged at $120 for 10 years, you be laughing

View:

Post by RagingBull3 on Jul 15, 2021 3:52pm

If in 2014 you hedged at $120 for 10 years, you be laughing

It all depends on the price...

All just my opinion/view/thinking.

130

Comment

Comment by SHayden on Jul 15, 2021 3:56pm

Why not hedge for 1,000.00 years, oh yeah, because there will be no counter-party to accept the hedge. A 10 year hedge at 120 most likley did not exist, so how about we keep the hypotheticals based on reality.

102

Comment

Comment by RagingBull3 on Jul 15, 2021 4:08pm

I'm just making an extreme example.... to help see things. This extreme example shows that Hedges could be good idea. That's what I do when things are "fuzzy"..... Take it to the extreme and you will find your answer usually. This example shows that Hedges could be good... Problem with you is probably you always experience BAD experience ...more

Comment