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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 > Cenovus announces repurchase of 84% of its warrants
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Post by Quintessential1 on Jun 14, 2023 4:57pm

Cenovus announces repurchase of 84% of its warrants

" The company has negotiated payment terms that provide flexibility to work within its shareholder returns framework, with no expected impact to Cenovus’s ability to achieve its $4.0 billion net debt target."


https://finance.yahoo.com/news/cenovus-announces-repurchase-84-outstanding-100100946.html

Another indication of good FCF

GLTA
Comment by JohnSP on Jun 14, 2023 6:44pm
Gets rid of most that overhang on the share price . . . . and can still achive CAD4 bln net debt target, but probably now even further away in time.
Comment by kapzax on Jun 14, 2023 7:10pm
This post has been removed in accordance with Community Policy
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