Cenovus Energy (CVE) Misses Q3 EPS by 35c
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Cenovus delivers strong third-quarter operating results
October 29, 2020 6:00 AM EDTCALGARY, Alberta, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver strong operational performance and further improved its financial resilience in the third quarter by remaining committed to disciplined capital investment, cost leadership and leveraging the flexibility of its assets and marketing strategy to generate positive free funds flow. The company took advantage of the higher commodity prices by ramping up production from its oil sands assets and selling barrels stored in the preceding quarter. Higher crude oil prices and... More
