Thread regarding Cenovus Energy layoffs

How are the divestitures coming? Will CVE get asking price?

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Post ID: @OP+ONIIjgE

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They probably won't get the same deal COP got for their assets, but then again... Sweetheart deals like that are few and far between.

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Post ID: @1jxf+ONIIjgE

The Suffield property bidding closed a week or two ago as per the BMO divestitures website. An announcement is probably a few days/weeks away on that one.

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Post ID: @zle+ONIIjgE

Layoffs won't occur until each respective package has been sold. Analysts have indicated CVE will be short on their divestiture target of $4-5B by $0.5B to 1.5B.

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Post ID: @abx+ONIIjgE

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