Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks
Cenovus Energy(CVE) Seeking Alpha·2024-02-18 22:27
Bet_Noire All financial numbers in this article are in Canadian dollars unless noted otherwise. Please note that oil and gas prices are always in US dollars. Introduction Two years ago, I came out as a huge fan of Canadian energy companies, as the nation's big oil names, Canadian Natural (CNQ), Suncor (SU), and Cenovus Energy (NYSE:CVE), have everything I'm looking for in oil companies: Deep reserves, which lowers the risks of "forced" M&A to keep production numbers steady. Efficient production provides th ...