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Canada's Cenovus Energy third-quarter profit rises on higher production

ReutersOct 31, 2025 10:05 AM

- Canadian oil and gas producer Cenovus Energy CVE.TO posted a rise in third-quarter profit on Friday, helped by higher upstream production and refinery throughput volumes.

The Calgary, Alberta-based company's net income rose to C$1.29 billion ($920 million), or 72 Canadian cents per share, in the three months ended September 30, from C$820 million, or 42 Canadian cents per share, a year earlier.

($1 = 1.4024 Canadian dollars)

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