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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

Energy Oil & Gas Integrated
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 > Why is CVE red today when all others are green?
View:
Post by bassfishing88 on Jun 15, 2022 9:43am

Why is CVE red today when all others are green?

Any specific reason for this?TIA
Comment by Eigen337 on Jun 15, 2022 10:05am
This post has been removed in accordance with Community Policy
Comment by Stockstag1 on Jun 15, 2022 11:15am
The oil stocks  im looking at are all RED CNQ, SU, MEG etc
Comment by bassfishing88 on Jun 15, 2022 12:54pm
CVE doing the worst of all the energy stocks -someone is dumping
Comment by JohnSP on Jun 15, 2022 6:02pm
CEO Alex exercised some more options today and no record of CVE's May share buybacks. Which prob means CVE is switching from buybacks to Variable Div for Q2.
Comment by Leadop1 on Jun 15, 2022 8:49pm
I'm new to divvies. Is variable good or bad?
Comment by JohnSP on Jun 16, 2022 12:20am
Variable div are bad for companies in stable recession resistant industries, ie utilities and consumer companies ie food as they should be better able to manage their cashflow and dividends year upon year. Variable are good for cyclical industry companies like oil, mining, construction etc as ther income goes up and down and they can match theor dividends to that cashflow. For investors, depends ...more  
Cenovus Energy Inc