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Canada's Cenovus Energy posts higher second-quarter profit
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Canada's Cenovus Energy posts higher second-quarter profit
Aug 1, 2024 3:56 AM

Aug 1 (Reuters) - Cenovus Energy ( CVE ) posted a rise

in second-quarter profit on Thursday, as the Canadian oil and

gas company benefited from higher throughput volumes and an

increase in production.

The Calgary, Alberta-based company's net income rose to C$1

billion ($723.01 million), or 53 Canadian cents per share, in

the April-June quarter, from C$866 million, or 44 Canadian cents

per share, a year earlier.

($1 = 1.3831 Canadian dollars)

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