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.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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Cenovus Energy Inc > Cenovus Warrants

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Post by Oasisjunior on Oct 26, 2021 3:41pm

Cenovus Warrants

Has anyone considered converting their warrants to stock,,??????

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Comment by Quintessential1 on Oct 27, 2021 10:18am

Considered it? Yes but I can't see the value in it. I can sell the warrants for more than I would get from converting and selling. (not sure why)

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Comment by Dillbertt21 on Oct 27, 2021 12:14pm

Warrants have an intrinsic value (current share price - strike price) plus a time value premium and a volatility premium. The closer to warrant expiry date, the lower the premium, as the time value decays. Same pricing theory as options trading applies.

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Cenovus Energy Inc