Looking at the CVE one year stock chart, why does it look like HSE’s old stock chart pre-merger? !?
Compared to CNQ and even SU, we are very low. It looks like we just trade equal to WTI price with no premium for strong leadership, goodwill, competitive advantage, etc. Do we really have ‘B’ grade assets?
13 replies (most recent on top)
@6kwn+1qGCKzuP Agreed, many Husky managers, directors and VOs without formal education!!!!
Has anyone seen Cenovus’s share price versus their peers over 2024? Wow. They’re all positive and Cenovus is the only one gone negative. You’re better off this sinking ship. They took some failing Husky mgmt and put them into Cenovus and expected a different outcome?
I regret not selling my stocks at $28. I was holding out for $30 but that is a pipe dream.
Haha. $2.39
When Cenovus was close to bankruptcy.
Make it $15 and I will jump in.
Why would there be any premium for strong leadership!?!
@1twu+1qGCKzuP If ELT thinks like you do then that explains everything
Zero premium. Just the bare minimum and all PR talk about all the big innovative things the company is doing. The zero premium speaks louder than any PR messaging.
Taco Tuesday Time
@1twu+1qGCKzuP what are you smoking? Did you calculate that using the pandemic low to all-time high? Lol. Cenovus if one of the few majors who didn’t set new 10 year highs in 2022-2023! Tourmaline, CNQ, Chevron, ConocoPhillips, XOM, SU all set 10 year or all-time highs. Maybe we have the wrong peer group, because we obviously can’t compete with these big fish!
Yes down from $28.59 in middle of October! Just in time to sc--w employees out of decent PSU and RSU payments.
CVE stock price went up 740% from $2.39 per share. All you guys deserve the 20 for 20 for turning the company around.
Year over Year …
Imperial Oil +8.7%
CNRL +3.5%
Suncor -6.1%
Cenovus -21.9%
Layoffs ?