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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

TSX:CVE - Post Discussion

Cenovus Energy Inc > Total Liabilities, And How Fast/Much Are They Going Down...
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Post by RagingBull3 on Feb 04, 2022 4:09pm

Total Liabilities, And How Fast/Much Are They Going Down...

if at all, That's What I'm concerned about.    There just too much BS going on.   You can talk about paying down Debt.... but Technically, ALL LIABILITIES NEED to be paid.  

So for me, I consider Total Liabilities as DEBT.

I wonder if there's any "off sheet" liabilities?????   A shoe to drop....  COP seems determine to get out.   

All just my opinion/view/thinking.
Comment by TopStockBuy on Feb 04, 2022 4:26pm
Liabilities get paid mostly as a cost of doing business. They are financial obligations like a lease agreement. Loans and debt are not the same thing. Vacation time owed to employees is a liability as is reclaiming land after 25yrs. They will never pay off liabilities to zero unless they go out if business. So yes financial obligations need to be met but no they will never pay off liabilities as ...more  
Comment by RagingBull3 on Feb 05, 2022 10:02am
Liabilities vs Debt........ Merge vs Bought.....   Lots of potential for BS.... All just my opinion/view/thinking..
Comment by RagingBull3 on Feb 09, 2022 3:12pm
I've been around long enough to know, "Liabilities" even if they are not "DEBT" can put a company into bankruptcy.    STELCO many many years ago prime example... I think when they went bankrupt way back in around 2004 they were actually making near record Profits!     It was their "Liabilities" that done them in.    It was a ...more  
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