Cenovus delivers $1 billion of adjusted funds flow in Q1
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Cenovus Energy (CVE) Tops Q1 EPS by 11c
April 24, 2019 6:14 AM EDTCenovus Energy (NYSE: CVE) reported Q1 EPS of $0.09, $0.11 better than the analyst estimate of ($0.02).
These results emphasize the true potential of our company, said Alex Pourbaix, Cenovus President & Chief Executive Officer. All of the positive momentum weve been building over the past few years through focusing on safe and reliable operations, deleveraging our balance sheet, maintaining capital discipline and firmly establishing our position as an in-situ cost leader is translating into strong cash flow generation and shareholder value. At current commodity price levels, Im optimistic we will generate material free... More
