Edition:
United Kingdom

Cenovus Reports Qtrly Earnings Per Share $0.50


Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Cenovus Energy Inc ::CENOVUS REPORTS SOLID 2017 RESULTS.CENOVUS ENERGY INC - QTRLY EARNINGS PER SHARE $0.50.CENOVUS ENERGY INC - QTRLY ADJUSTED FUNDS FLOW PER DILUTED SHARE $0.70.CENOVUS ENERGY INC - QTRLY OPERATING LOSS PER SHARE $0.42.CENOVUS ENERGY INC - QTRLY TOTAL OIL AND LIQUIDS 422,157 BBLS/D VERSUS 219,551 BBLS/D‍​.CENOVUS ENERGY INC - CO BENEFITED FROM HIGHER AVERAGE FULL-YEAR BENCHMARK COMMODITY PRICES AND STRONGER REFINING OPERATING MARGIN.CENOVUS ENERGY INC - QTRLY TOTAL NATURAL GAS 795 MMCF/D VERSUS 379 MMCF/D.CENOVUS ENERGY INC - PAYING DOWN DEBT AND REDUCING COSTS REMAIN PRIORITIES FOR CENOVUS.CENOVUS ENERGY - COMBINED PRODUCTION AT CO'S CHRISTINA LAKE AND FOSTER CREEK OIL SANDS OPERATIONS WAS 292,479 NET BBLS/D IN 2017, UP 95%.CENOVUS - ON TRACK TO MEET ACCELERATED GOAL OF ACHIEVING AT LEAST $1 BILLION IN CUMULATIVE CAPITAL, OPERATING AND G&A COST REDUCTIONS OVER TWO YEARS.