Post by
retiredcf on Oct 29, 2024 4:37pm
Analyst Recommendation
BUY
Cenovus Energy(CVE-T)
28/10/2024
SU vs. Cenovus
He owns and likes both. The difference is that SU has downstream operations with gas stations. Cenovus is integrated with long-life reserves in production plus many refineries (which has suffered major compression), so the upstream looks attractive. Both have great balance sheets and free cash flows and pay similar dividends. Another difference: it's unlikely Suncor can be bought whereas maybe Cenovus could. He gives the edge to Suncor.
Oil / Gas
Mike Vinokur
$23.170
Owned