- Q3 net income C$3.36B (C$1.83/share) vs C$1.29B (C$0.72) a year ago.
Cenovus Energy posted Q3 net income of C$1.83/share, beating the C$1.60 consensus, as oil sands production pushed total output above 1 million boe/d for the first time. Consolidated revenue of C$16B missed estimates of C$16.87B, but the earnings beat and production milestone support the stock.
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