Photo by Jeff McIntoshCenovus Energy Inc. lowered its upstream production guidance for the year as it reported a second-quarter profit of $866 million, down from $2.4 billion in the same quarter last year.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.
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Source: Energy Industry News (energyindustrynews.net)
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Cenovus reports second quarter profits down, lowers upstream production guidance - BNN BloombergCenovus Energy Inc. lowered its upstream production guidance for the year as it reported a second-quarter profit of $866 million, down from $2.4 billion in the same quarter last year.
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Cenovus Energy’s profit slumps as it cuts production outlook due to impact from wildfiresCenovus reported a net income of $866-million, or 44 cents per share, for the quarter ended June 30, compared with $2.43-billion, or $1.19 per share, a year earlier
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Cenovus reports second quarter profits down, lowers upstream production guidanceCenovus lowered its upstream production guidance for the year as it reported a second-quarter profit of $866 million, down from $2.4 billion in the same quarter last year.
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