Cenovus reports second-quarter 2020 results

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Cenovus Energy (CVE) Misses Q2 EPS by 32c

July 23, 2020 6:05 AM EDT

Cenovus Energy (NYSE: CVE) reported Q2 EPS of ($0.34), $0.32 worse than the analyst estimate of ($0.02).

We view the second quarter as a period of transition, with April as the low point of the downturn and the first signs of recovery taking hold in May and... More