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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 > CVE is near bankruptcy
View:
Post by IanBarter on Jul 30, 2021 4:37am

CVE is near bankruptcy

Loaded with debts and does not give any returns to their investors.

    Possible low of $6.06   a  share.
Comment by mmuloin on Jul 30, 2021 8:28am
Is that all you do is spew out negative nonsense about CVE and WCP? Get lost.... now ON IGNORE
Comment by woodwise on Jul 30, 2021 9:41am
LOL, near bankruptcy. Not a returning jeporardy champion are you IanBarter.
Comment by OilPro3001 on Jul 30, 2021 9:46am
Random internet guy is apparently smarter than the ratings agencies, lenders and bond holders.
Comment by RagingBull3 on Jul 30, 2021 10:22am
Share price did drop from ~$40 all the way down to ~$2.50....    There's a reason for the agressive debt payment...   I don't think CVE will go bankrupt.... But shareholders... Those in at ~$30+ probably feeling a little bankrupt themselve though probably.   Add inflation on top....... Those Shareholders really hurting. All just my opinion/view/thinking.
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