Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE.PR.B

Primary Symbol: T.CVE Alternate Symbol(s): CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | 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

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TSX:CVE - Post Discussion

Cenovus Energy Inc > Potential future FCF yields and shareholder returns.

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Post by Quintessential1 on Jun 21, 2024 9:04am

Potential future FCF yields and shareholder returns.

I coppied this post courtesy of Westcoastenergy on the ARX board who got it from loonie tunes over on the WCP board who gleaned it from Nuttal's blog. Thanks to all as it seems CVE does quie well as potentially, so do we.

Dare to dream??? At $80WTI and $4NYMEX over the next 5 years (our base case), the magnitude of cumulative dividends and share buybacks is staggering. Too, via the power of meaningful share buybacks = multiple co.'s would free cashflow their entire pro-forma '29 market cap each year in just 5 years time. A big thank you to Peters & Co. for the data! We remain bullish.