Cenovus
May 10, 2017
Bullish Outlook
Bottom Fishing Cenovus? Hedging may be Appropriate
Patrick Ceresna
Cenovus stirred up the Canadian oil industry back on March 29th with an announcement on the $17.7 billion-dollar purchase of ConocoPhillips’ Canadian oil sand assets. To say the deal was not well received is an understatement as the stock dropped over 10% on the announcement and continued to actively distribute lower. From...
7 years ago
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