Canada's Cenovus Energy posts lower fourth-quarter profit
ReutersFeb 20, 2025 11:05 AM
Feb 20 (Reuters) - Canadian oil and gas producer Cenovus Energy CVE.TO posted a fall in fourth-quarter profit on Thursday, hurt by lower commodity prices.
The Calgary, Alberta-based company's net income fell to C$146 million ($102.78 million), or 7 Canadian per share, in the three months ended December 31, from C$743 million, or 32 Canadian cents per share, a year earlier.
($1 = 1.4205 Canadian dollars)
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