Cenovus reports second quarter profits down, lowers upstream production guidance - BNN Bloomberg

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Cenovus 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.

Bank of Canada mindful of not overdoing rate hikes, summary of deliberations revealsThe Daily Chase: Loblaw posts strong quarter; CN Rail cuts 2023 outlook'Skyrocketing population growth' drove economic expansion across Canada: ReportThe Daily Chase: GM beats earnings expectations; Spotify under pressure'Barbie' takes the box office crown and 'Oppenheimer' soars in a

historic weekendThe Daily Chase: Awaiting tech earnings; Tesla downgradedInflation has fallen, but the Bank of Canada hasn't backed off rate hikes. Here's whyThe Daily Chase: Canadian retail sales slow; America Express under pressureBank of Canada staff received $26.7 million in bonuses and raises in 2022Rental costs outpace minimum wages in 'every single province': Study

Source: Energy Industry News (energyindustrynews.net)

 

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