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Canada's Cenovus Energy posts lower fourth-quarter profit
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Canada's Cenovus Energy posts lower fourth-quarter profit
Feb 20, 2025 3:35 AM

Feb 20 (Reuters) - Canadian oil and gas producer Cenovus

Energy ( CVE ) posted a fall in fourth-quarter profit on

Thursday, hurt by lower commodity prices.

The Calgary, Alberta-based company's net income fell to

C$146 million ($102.78 million), or 7 Canadian per share, in the

three months ended December 31, from C$743 million, or 32

Canadian cents per share, a year earlier.

($1 = 1.4205 Canadian dollars)

(Reporting by Vallari Srivastava in Bengaluru; Editing by

Devika Syamnath)

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