Cenovus Energy (CVE) Tops Q2 EPS by 13c

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Cenovus Generates $1.8 Billion in Adjusted Funds Flow in Q2 2021

July 29, 2021 6:00 AM EDT

Delivers free funds flow of $1.3 billion

CALGARY, Alberta, July 29, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continues to demonstrate the strengths of the companys integrated portfolio in its second quarter results, generating cash from operating activities of $1.4 billion, adjusted funds flow of $1.8 billion and free funds flow of $1.3 billion, supporting a reduction in net debt of nearly $1 billion since March 31, 2021. Total production of nearly 770,000 barrels of oil equivalent per day (BOE/d) despite planned... More