Cenovus Energy (CVE -2.7%) slips after its Q2 EPS missed estimates this morning, as cash flow...

|About: Cenovus Energy, Inc. (CVE)|By:, SA News Editor

Cenovus Energy (CVE -2.7%) slips after its Q2 EPS missed estimates this morning, as cash flow fell slightly on lower commodity prices. Total oil production averaged more than 155,000 bbls/d during the quarter, a 28% increase compared with the same period a year earlier. Capital investment jumped 39% Y/Y to $660M. as the company expands development at its Narrows Lake oil sands project, which is expected to have a gross production capacity of 130,000 bbls/d once on line.