Cenovus announces shareholder returns plan, triples dividend

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Cenovus Energy (CVE) Tops Q1 EPS by 25c; To Triple Dividend

April 27, 2022 6:09 AM EDT

Cenovus Energy (NYSE: CVE) reported Q1 EPS of $0.81, $0.25 better than the analyst estimate of $0.56. Revenue for the quarter came in at $17.96 billion versus the consensus estimate of $11.83 billion.

Beginning with the second quarter of 2022, the base dividend will increase from $0.14 per share to... More