Post by
ztransforms173 on Nov 02, 2023 8:31am
Cenovus Energy: TERRA NOVA FPSO To RESUME COP In Q4/2023
from CVE Q3/2023 report:
During the third quarter, the non-operated Terra Nova floating production, storage and offloading (FPSO) vessel returned to offshore Newfoundland and Labrador and commissioning activities are ongoing with production expected to resume in the fourth quarter.
z173
Comment by
lifeisgood1010 on Nov 02, 2023 11:00am
Thank Z, CVE results are giving me even more confidence in my predictions that SU will post results that will exceed expectations. Su will probably never get the CNQ multiples but with improving results and operations under R.Kruger it will eventually be rerated at a more reasonable valuation. It's only a matter of time.
Comment by
ztransforms173 on Nov 02, 2023 11:55am
- according to the ERIC NUTTALL (EN) METHOD of INVESTING, the MULTIPLES are as FOLLOWS for EACH one listed below: * CNQ: X7 * CVE X6 going to X7 when DOWNSTREAM OPERATIONS are STABILIZED * MEG X6 * SU LESS THAN X5.5 DISCOUNT due to INVESTMENT COMMUNITY BAD OMEN IMPAIRMENT - EN major fund {Ninepoint} owns CVE and MEG z173