A correctional sergeant has been arrested and accused of sneaking drugs into Pleasant Valley State Prison in Coalinga.
On April 30, 2024, Anuj Dhanda, Chief Technology & Transformation Officer, sold 100,000 shares of Albertsons Companies Inc (NYSE:ACI) as reported in a recent SEC Filing.
Cenovus Energy (NYSE:CVE) (TSE:CVE) is a Canadian oil and gas company, with the majority of its production in the oil sands of Alberta. The company trades at 28.7x my estimate of normalized earnings, higher than its current P/E ratio. And with WTI Crude Oil (CM:CL) prices far above their inflation-adjusted average, I believe caution is warranted. A supply windfall or demand shock could send Cenvous’ profits tumbling. Consequently, I’m bearish on CVE. The Oil Sands are High-Cost and High-Risk I’v