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Cenovus Energy Should Soar Once Oil Recovers

2016-02-18 07:48:34| Energy - Topix.net

Cenovus Energy is a Canadian integrated oil company that has been hit hard by the collapse in oil prices as the stock has tanked -58% from its high in August 2014. In the latter part of 2015, Cenovus released the capital budget for 2016, which shows how the company is going to survive in a low oil price environment and set itself up to soar once oil prices do recover.

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