Cenovus Energy Inc. (CVE)
Pre-market:
- Reuters
UPDATE 2-Canada's Cenovus Energy beats profit estimate on production boost
Canadian oil and gas company Cenovus Energy beat first-quarter profit estimates on Wednesday, buoyed by higher production and throughput volumes at its refineries. Quarterly refining throughput in the quarter of 655,200 barrels per day (bpd) was a record while high operational availability at its downstream assets helped benefit from improved benchmark pricing in the U.S., the company said. "During the first quarter of 2024, we saw strong operational performance from our oil sands and Canadian refining assets, and improved operational performance from our U.S. refining assets," Cenovus said.
- GlobeNewswire
Cenovus announces first-quarter 2024 results
CALGARY, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered solid results across its portfolio in the first quarter of 2024. Production from its upstream assets remained strong through the quarter, and reflects scheduled maintenance in the Atlantic region. The downstream assets continued to run with high operational availability, allowing them to benefit from improved benchmark pricing in the U.S. Beginning in the second quarter of 2024, the Board of D
- Zacks
Imperial Oil (IMO) Surpasses Q1 Earnings Estimates
Imperial Oil (IMO) delivered earnings and revenue surprises of 6.45% and 21.55%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
