Canada's Cenovus Energy posts lower first-quarter profit
ReutersMay 8, 2025 10:08 AM
May 8 (Reuters) - Canadian oil and gas producer Cenovus Energy CVE.TO on Thursday posted a fall in first-quarter profit, amid market volatility.
The Calgary, Alberta-based company's net income fell to C$859 million ($618.79 million), or 47 Canadian cents per share, in the three months ended March 31 from C$1.18 billion, or 62 cents per share, a year earlier.
($1 = 1.3882 Canadian dollars)
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