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 > The World is messed up

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Post by Diligent2 on Apr 07, 2022 8:29am

The World is messed up

Why is it ok to gang up on oil prices but not ok for oil companies to frolic in high prices for a few years?

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Comment by Dogsbreakfast4U on Apr 07, 2022 8:43am

The average Canadian doesn't mind paying for a new $1000 iPhone every second year but will complain about a few cents price increases on the price of gas. It's ok for everything to go way up like their crappy small bungalow except gas prices. Why not an excess profit tax for Apple, Google, Amazon, Loblaws etc. Gasoline is cheaper today than it was years ago when you consider inflation ...more

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Comment by Quintessential1 on Apr 07, 2022 9:15am

How is it that you guys can constantly state that oil affects everything in our everday lives and then be surprised that the price of oil affects the price of everything in our everyday lives. High oil prices are the major reason for high inflation right now and therefore is a target in the sights of economists, politicians and consumers alike. If you are invested, you are good. ...more

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