Cenovus Energy (CVE) Tops Q2 EPS by 5c; Cuts Dividend

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Cenovus announces second quarter results, additional measures to build shareholder value

July 30, 2015 6:00 AM EDT

Second quarter highlights

Combined oil sands production up 5% compared with second quarter of 2014 Oil sands per-unit operating cost improvement of 30% from second quarter of 2014 Gross cash proceeds of $3.3 billion from royalty and fee land business sale, received in July Second quarter cash flow of $0.89 per share, excluding the impact of a one-time cash tax charge of $0.31 per share

Production & financial summary

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