Cenovus Energy (CVE) Misses Q1 EPS by 95c

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Go back to Cenovus Energy (CVE) Misses Q1 EPS by 95c

Cenovus reports first-quarter 2020 results

April 29, 2020 6:00 AM EDT

CALGARY, Alberta, April 29, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver safe and reliable operations in the first quarter of 2020 while demonstrating its ability to take swift and decisive steps to enhance its financial resilience and protect its balance sheet in the face of the global macro-economic challenges caused by the COVID-19 pandemic. The companys first-quarter financial results were impacted by the significant decline in global demand and pricing for crude oil and refined products caused by COVID-19 and exacerbated... More