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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G | CNVEF | CVE.WS | T.CVE.WT

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 do w lag the market...
View:
Post by bassfishing88 on Jul 11, 2023 9:42am

Why do w lag the market...

Day in and day out we consistently have the lowest % gains vs the other oil plays. When are we going to lead the market like a MEG? Frustrating to watch this repeatedly.
Comment by woodsmen on Jul 11, 2023 3:00pm
Let me Fix it for you.........Day in and day out we consistently have the lowest % gains vs the other oil plays. When are we going to lead the market like a ATH? Frustrating to watch this repeatedly.    Oh and for reference here is the 1 year performances.... ATH= is up 56% MEG= is up 40% CVE= is up 3%
Comment by matt2018 on Jul 11, 2023 10:31pm
Good point woodsman...... I also mentioned this on the SU board that it appears the Integrated energy companies are out of favor at the moment.  You can add IMO to this list as well. Refinery crack spreads are historically high so it does not make sense? They are making good money here.
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