Cenovus Energy Inc T.CVE

I expect share price to go way up next week

[rpat458]

If CVE can deliver the estimated earnings results, I expect the stock to climb a few dollars after the announcement. I believe .57 is the expected EPS for the last quarter, if you annualize this it represents 2.28 for the year.  At a modest PE of 12 X we would see the price at $27.00.  I've been buying in anticipation of this happening, I hope I'm right. GLTA

[oilandgasmick]

Thanks for a good post that actually has something to do with the stock price. The P/E ratio right now is less than 10 and that is not reasonable. It will bump up in the months to come as the market adjusts to the well deserved optimism. You notice that the resident childish idiot is back on the threads today saying that O'Toole's demise makes it look bad for Alberta and the oil

[RagingBull3]

I got the impression that basically, Conservatives=West/Alberta Support,   Liberals=Central Support,  Trudeau= Quebec Support....................Generally. Weak Conservative Party, Federally or Provincially, not good for the West/Alberta. Am I wrong?????? All just my opinion/view/thinking

[RagingBull3]

Another idiot, Oilandgasmick.... pea brain, doesn't understand that Politics are a significant factor in the economy, in the oil sector....   Hey Pea Brain, Oilandgasmick,,,, heard of EGS and the push by the government on the oil sector.... You don't think a strong/weak Conservative Party will have any effect on oil sector??????? All just my opinion/view/thinking.

[SHayden]

Just block him, if he could stay on topic and stop fighting with everyone he could be an asset to this board, but he can't stay out of the mud if anything is said about him.

[oilandgasmick]

Yup, I've had him on ignore for a year but when he's quoted by someone else he shows up on my board as well. I'm tired of mean litte donkeys who show up here to bad mouth the company, the industry and our country. He doesn't own any shares and has a net worth of 50 cents. I would argue that he adds nothing but has simply gone on a mission to drive intelligent posters off the board

[meritmat]

Keep up the good work Mick 

[SHayden]

  Agreed the guy is a detractor from anything constructive. I have the same issue with him showing up in quotes.  I used to participate on this board semi often, now it's mostly filled with crazies like him, no point in coming by.   Anyways, in an effort to keep things on topic, pleased with CVE's run up, expcting a fair bit more over the medium term. The asset base,

[Vozaday]

I'd say it should go up starting tomorrow. SU's earning blew estimates out of the water with $1.07 per share vs estimates of $0.79. That should help the entire sector.  

[meritmat]

Darn good qt.   Remember they had operation issues in Dec because of the cold 

[oilandgasmick]

That was a truly incredible quarter for SU--they should blow past 40 bucks per share with ease this week. SU is also on a debt reduction program. Notice how when companies like CVE and SU start paying attention to shareholders and giving them what they want then inevitably the market place has to take notice no matter what eco-zealots say. Don't be surprised if the SU uplift pushes CVE past

[Coloradobuff]

While I agree with you on the prices I disagree on the timeline. It will take more time for people to figure out the value here and suncor