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Cenovus: Q4 Earnings Snapshot
Cenovus's $934 million profit reflects a 12% increase in upstream production to 917,900 barrels per day, boosted by MEG Energy acquisition and pipeline expansion.
Summary by Mid Florida Newspapers
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Cenovus: Q4 Earnings Snapshot - The Morning Sun
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Cenovus Energy Inc. (CVE) on Thursday reported net income of $670 million in its fourth quarter. On a per-share basis, the Calgary, Alberta-based company said it had net income of 36 cents. The oil company posted revenue of $7.81 billion in the period. For the year, the company reported profit of $2.81 billion, or $1.54 per share. Revenue was reported as $35.57 billion. _____ This story was generat…
·Pittsburg, United States
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Total News Sources5
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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