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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 > Strong day in the US on holiday Monday
View:
Post by TopStockBuy on May 23, 2022 10:26am

Strong day in the US on holiday Monday

Here's to hoping we open above $28 CAD tomorrow.  Good to see heavy buying while oil is flat.  We're on the verge of a bear market and the majority are still ignoring the energy space after rallying 25%+ this year.  Funds will either load up on energy or they'll be finishing at the bottom.  

GLTA
Comment by JohnSP on May 23, 2022 12:28pm
Agree, great to see oilptach share prices up on flat price days, but I'm invested in them primarily for the increasing dividend stream, here's to a good close in US!
Comment by oilandgasmick on May 23, 2022 12:50pm
Yes indeed- a very strong day for both CVE and SU in the States. American investors are starting to wake up to the fact that Biden's war against North American oil was not only foolish but very misleading in terms of what they needed. Commodities are a hedge against inflation so ironically, while Americans are paying inflated record prices for gas at the pumps they are turning to oil and gas ...more  
Comment by meritmat on May 23, 2022 7:23pm
In Mick I trust 
Comment by Maxmoe on May 23, 2022 1:18pm
Write covered calls to boost your stream. Interlisted like cve options trading is far better than tsx only. Better liquidity, better premiums. You need enough stock to sell enough contracts to cover the commish on options. No $5 trades that I know of.
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