Thread regarding Cenovus Energy layoffs

Could it get any worse

KXL pipeline now on hold, oil price collapsing. This oil patch just can’t get a break. We’ve been hanging on with a thread now what? Layoffs soon?

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| 1741 views | | 4 replies (last November 14, 2018) | Reply
Post ID: @OP+W3DH2tA

4 replies (most recent on top)

Cash flow was really good Q3 and CVE seems to know what they are doing to manage that. Wonder if Q4 a bit more challenging. Hopefully rail helps.

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Post ID: @5ksu+W3DH2tA

Look at cash flow.

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Post ID: @rof+W3DH2tA

We should try to sell deep basin to the trans mountain corporation.

Kind of fitting though to see Fergie in a corp that over paid for an asset that will never be built. It is his calling!

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Post ID: @bwa+W3DH2tA

And Fergie is on the board of Kinder Morgan. So that just put a bullet in that project too.

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Post ID: @usg+W3DH2tA

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