Cenovus Energy Inc (CVE) Social Stream

Cenovus Energy Inc (CVE): $8.05

0.24 (+3.07%)

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Featured Post From StockTwits About CVE

The way I see it: your bullish or bearish stance on the short term macro oil market should be contingent upon your perspective on the overall markets. If you feel oil is going to crash (or oil prices are going back to 30s or negative), well then you believe that the same something significant (covid delta, recession, pick your poison) that brings down oil demand will also bring down the economy and your growth stocks as well. However, if you're bullish on the overall economy and markets (or at least neutral) then you're intrinsically bullish on oil demand and thus on oil producers, ceteris paribus. This is all short term of course, and not considering long term energy transition. Keep in mind that in 2007-2008 when the larger markets stalled and started to decline, energy stocks continued upward significantly until there was enough broader selling to bring down the entire house. Cheers. Wish you all well.
HumbleNKind, published July 31, 2021

What Else are CVE Traders Talking About?

Other tickers frequently mentioned alongside CVE are SU, GTE, XOP and CPE.

Other Notable StockTweets About CVE

$SU $CVE $TVE.CA $WCP.CA $GXE.CA $100 oil is not out of the picture. Insane free cash flows, these companies will be printing money. The fact that the average Canadian oil company can pay back the banks and buy all outstanding shares in 4.5years (on average) with free cash flow! That alone should entice investors. Huge opportunity!

Stonks8, published July 26, 2021

$CNQ $SU $CVE $TVE.CA FYI, the supply increase in the OPEC deal was necessary. They wouldn’t increase supply to bring the oil price down. There in it to make money. There was an increase in demand that lead to this decision. Take it as a bullish indicator because that’s exactly what it is. Don’t let the media sway your views and get you scared. Scared money becomes no money.

Stonks8, published July 20, 2021

$CVE Drops because wti dropped to mid 74. Per barrel. When this company break even is mid 35 to 40. Pretty close double price Per barrel. Anything above is share buy back , debt reduction , cash on hand and additional exploration and r&d. Did I mention dividends for share holders on record. Cve at a minimum with upswing in oil prices since the last quarter report (which at that time an avg 50 to 55 per barrel) did very well. Cve should be at min of approx 14 to 18 price share . When the next report comes out then maybe folks will see the value in this company. Hell they are dipping in all aspects of oil , from refining 50% owners x2, natural gas, transportation. Bitumin, and combined with husky energy. I fail to see a down side. Just talking out load, morning all.

itsgud2bking, published July 14, 2021

$CVE The "White House" now is concerned about rising oil prices. Huh!! Idiots then why block pipelines , ban drilling , trying to stop fracking . So we can send our money to OPEC+ countries . Which include of course Russia. This administration hasn't a freaken clue. Back to funding Saudi Arabia and all the other sand countries. Thanks Biden ..

itsgud2bking, published July 5, 2021

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