Cenovus Energy (CVE) Reports Q3 EPS of C$0.27

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Cenovus increases shareholder returns on strong performance in Q3 2021

November 3, 2021 6:00 AM EDT

Company announces dividend increase, plans share buyback program

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued its strong and reliable operating performance in the third quarter of 2021. Total upstream production of almost 805,000 barrels of oil equivalent per day (BOE/d)i drove solid financial results. The company generated third-quarter cash from operating activities of $2.1 billion and adjusted funds flow of $2.3 billion. Free funds flow of $1.7 billion and strategic refinancing transactions... More