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Cenovus Makes $851 Million in Q2, Down From $1B Last Year

  • Cenovus Energy Inc. reported a profit of $851 million in the second quarter, down from $1 billion last year.
  • Second-Quarter production was 765,900 barrels of oil equivalent per day, a decrease from 800,000 barrels last year.
  • Revenue totaled $12.3 billion, down from $14.6 billion in the same quarter of 2024.
  • Cenovus had earnings of 45 cents per diluted share, which is lower than 53 cents from a year earlier.
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ParrySound.com broke the news in on Thursday, July 31, 2025.
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