Stocks in Play: Cenovus Energy Inc. - InvestingChannel

Stocks in Play: Cenovus Energy Inc.

Wednesday, November 2, 2022

11:09 AM EST – Cenovus Energy Inc. : Generated more than $4.0 billion in cash from operating activities, approximately $3.0 billion in adjusted funds flow and nearly $2.1 billion in free funds flow in the third quarter of 2022, driven by continued strong operations. Total upstream production was approximately 778,000 barrels of oil equivalent per day (BOE/d) and downstream throughput averaged 533,500 barrels per day (bbls/d). As part of Cenovus’s commitment to increasing shareholder returns, in addition to its base dividend, the Board of Directors declared a variable dividend payable on December 2, 2022. Cenovus Energy Inc. (T.CVE) shares were down $0.39 at 27.54.

Stocks in Play: Cenovus Energy Inc., Wed, 02 Nov 2022 11:12:07 EST

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