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 > Special Dividend ???

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Post by Oasisjunior on Jan 26, 2022 2:15pm

Special Dividend ???

Will Cenovus issue a special dividend with Oil holding over $85.00.... They are making money hand over fist and time to grease to pawms of the investor....

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Comment by Eigen337 on Jan 26, 2022 2:27pm

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Comment by RagingBull3 on Jan 26, 2022 2:36pm

LOL.... I be very very very surprised. Maybe special motion to give more options for themselves... maybe year end bonus for themselves.... maybe a bump up in dividends for a yield of maybe over 1% for the investor. But I don't see a special $2.00 or $1.50 or even $1.00 dividend. All just my opinion/view/thinking.

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Comment by rad10 on Jan 26, 2022 4:34pm

No thanks! Just keep chipping away at the debt mountain and buy back more of those shares

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Comment by meritmat on Jan 26, 2022 5:25pm

Till ConocoPhillips is out of the pic don't think you will see div increase. 1qt my guess

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Comment by mrbb on Jan 26, 2022 7:00pm

i rather see paying down debt and buyback shares. I much prefer capital gain than a one time special dividend. Special dividend suit well for flippers, not long term holders.

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Cenovus Energy Inc