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0 0.00111856823266217 -0.00671140939597321 -0.0111856823266221 0.00894854586129735 0.0626398210290826 0.0659955257270693 0.0738255033557045
Stock impact report

UPDATE 2-Cenovus Energy loss bigger than expected as shipping woes weigh [Reuters]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
Company Research Source: Reuters
Cenovus Energy posts quarterly loss as shipping deadlock weighs | Reuters Reuters Staff 2 Min Read (Reuters) - Cenovus Energy Inc ( CVE.TO ) posted a first-quarter loss on Wednesday, hurt in part by maxed-out pipelines that hampered efforts to move crude to the United States and weighed on prices of Canadian heavy oil. The differential between Western Canada Select (WCS) and U.S. crude CLc1 hit $25 in the first quarter ended March 31, much higher than the usual discount. Cenovus, which said in March it was running oil sands production below capacity and stockpiling excess oil due to transportation deadlock, posted a loss of C$914 million ($711 million), or 74 Canadian cents per share. The company reported a profit of C$211 million, or 25 Canadian cents per share, in the same quarter a year earlier. The Calgary, Canada-based company said it had a cash shortfall from operating activities of C$123 million, compared with a surplus of C$328 million a year earlier. However, total oil sand Show less Read more
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