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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 > Time to pull the pin
View:
Post by vwbusman on Dec 06, 2023 7:09am

Time to pull the pin

Been an oil long for quite a while - the deck is stacked against us - TMX delay is the last straw for me - going to ditch Cenvovus today and hide out in GIC land for a while - really no good news on the horizon - too much worldwide production and I fear that Cenovus will never hit their debt target.
Comment by parcheg on Dec 06, 2023 10:54am
Agree VWB: sold all my SU shares snd 1/2 of CVE which I held. The O&G markets are a bit too volatile for me so T and EIF ate my new faves: the latter 2 were purchased at their recent bottom(s) while I ditched the SU and 1/2 CVE while still black. Way better djvvies plus longer runways, IMHO. Readon J kept a toe in the water was the promise of 100% FCF payback to shareholders when debt targets ...more  
Cenovus Energy Inc
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