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BUZZ-Cenovus Energy falls after lower fourth-quarter profit

ReutersFeb 20, 2025 2:57 PM

Updates

Shares of Canadian oil and gas producer Cenovus Energy CVE.TO fall 3.8% to C$21.42

Company's fourth-quarter profit falls ~80% from a year ago due to lower commodity prices and weak refining margins

Q4 profit falls to C$146 million ($102.78 million), or 7 Canadian cents/share, from C$743 million, or 32 Canadian cents/share, a year earlier

Including session's moves, shares down 1.3% YTD

($1 = 1.4205 Canadian dollars)

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