Cenovus Energy (CVE) Misses Q2 EPS by 32c

Go back to Cenovus Energy (CVE) Misses Q2 EPS by 32c

Cenovus reports second-quarter 2020 results

July 23, 2020 6:00 AM EDT

CALGARY, Alberta, July 23, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) remained focused on financial resilience in the second quarter of 2020 and used the flexibility of its assets and marketing strategy to adapt quickly to the changing external environment. This positioned the company to weather the sharp decline in benchmark crude oil prices in April by reducing volumes at its oil sands operations and storing the mobilized oil in its reservoirs for production in an improved price environment. While Cenovuss financial... More