Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s): CVE | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G | CNVEF | CVE.WS | T.CVE.WT

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 > Eric Nuttall

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Post by retiredcf on Jul 30, 2021 12:15pm

Eric Nuttall

One of the early questions. Still very supportive and indicated that it is the only large cap that he holds. 10% weight in his fund and thinks it could double in the next year. GLTA

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Comment by newcoin on Jul 30, 2021 12:20pm

I heard the DOUBLE remark!! Very exciting!!

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Comment by TopStockBuy on Jul 30, 2021 1:02pm

So do I. It's already worth $20. WTI can stay at these levels for another 12 months and we're golden. The balance sheet will do all the talking.

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Comment by TopStockBuy on Jul 30, 2021 1:22pm

@ $70 WTI, pay off all debt and buyback every share in 5 years. $70 is the floor....we're above that today. I agree with the Nut.....I'd like to see the share buyback happen by year end. Buy the remainder of COP shares to start with.

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