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

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TSX:CVE - Post Discussion

Cenovus Energy Inc > IMO sells for ~$5.6M each back in 2016 when Oil Price

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Post by RagingBull3 on Dec 02, 2021 8:58am

IMO sells for ~$5.6M each back in 2016 when Oil Price

outlook dim, gasoline prices in the basement and inflation hasn't taken off.

CVE sells for ~$1.25M each when oil price outlook Great, gasoline prices at near all time highs and inflation has taken off and property values through the roof.

That's almost ~$4.4 million diffence!!!!!

As for possible contaminated soil..... I would assume this would apply to both.

All just my opinion/view/thinking.

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Comment by RagingBull3 on Dec 02, 2021 1:41pm

That's ~$1482 Million difference (4.4x337= $1.482 Billion) !!!!! If CVE properties were on par with IMO.... the difference would even be more!!! Given the market condition of 2016 vs now (gasoline prices at all time highs and property values through the roof/inflation). Poor Shareholders.... All just my opinion/view/thinking

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