06:35 AM EDT, 05/08/2025 (MT Newswires) -- Cenovus Energy ( CVE ) reported Q1 earnings Thursday of 0.47 Canadian dollars ($0.34) per diluted share, down from CA$0.62 a year earlier.

Analysts polled by FactSet expected CA$0.39.

Revenue for the quarter ended March 31 was CA$16.05 billion, up from CA$15.35 billion a year earlier.

Analysts surveyed by FactSet expected CA$14.03 billion.

Shares of the company were up 1.5% in recent premarket activity.