Will it ever get to 25?
11 replies (most recent on top)
@1my
Worse than the low quality assets is the low quality leadership in the Lloyd business unit. It reeks with incompetence and the handling of this rush incident is all the proof anyone needs
The Rush Lake situation perfectly represents the low quality assets bought from Husky. Most of the wells in Lloyd have casing vent leaks and bad cement. Someone is going to get hurt one day.
This stock is going nowhere with JM and KS at the helm. Their record since becoming the two main leaders is abysmal.
Stock is higher than it should be, with Rush Lake venting sour gas for over 2 weeks now with huge craters onsite this stock shouldnt be worth $10.
Arrogant company that created a dangerous situation at Rush and is now lying to the public. Strong odor from rush over 15 miles downwind of the plant but the companies crisis hotline says "sorry for the inconvenience"...... Cenovus's brand is done in the Lloydminster area
Layoffs didn’t move the needle on this stock. Earnings did.
It goes up in the dreams only
Stock could have gone up even higher if they laid off the high paid bully / narcissist leads.
Promote that man/woman; management material.
The last round of layoffs raised the stock price so maybe more layoffs are needed.
JM does it just for optics
JM must think so. He just bought 50,000 shares at $18.49