Cenovus Announces Fourth-Quarter and Full-Year 2024 Results
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Cenovus Energy Inc. reported strong financial and operational results for Q4 and full-year 2024, with significant cash flow and record production levels in its Upstream and Downstream businesses.
February 20, 2025 | 11:15 am
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Cenovus Energy Inc. reported strong Q4 and full-year 2024 results, generating over $2 billion in cash from operations and achieving record production levels. The Upstream business set a new quarterly Oil Sands production record, and the Downstream business saw increased crude throughput.
The strong financial performance and record production levels are likely to positively impact Cenovus Energy's stock price in the short term. The significant cash flow and operational achievements indicate robust business health, which is favorable for investors.
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