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

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TSX:CVE - Post Discussion

Cenovus Energy Inc > Trying to find the ignition switch

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Post by oilandgasmick on Dec 29, 2021 10:38am

Trying to find the ignition switch

Strange days indeed-- You would think with all the positive news and recommendations about CVE lately that we would have easily cleared 16 bucks this morning but the industry just can't seem to find the ignition switch. Still so much resistance.

I know its still relatively small volumes during the holiday week but I guess when people have learned the hard way about Bitcoin and wildly overbought tech stocks then they will finally come back to an industry that is generating record cash flows.

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Comment by CandyC on Dec 29, 2021 12:58pm

Most small cap Canadian oil are doing great today and will probably outperform Cenovus over the next few years. I have Cenovus as a stabilizer for the down days

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