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More on Cenovus' (CVE) Q1 results: Cash flow was $971M, up 7% Y/Y mainly due to...

More on Cenovus' (CVEQ1 results: Cash flow was $971M, up 7% Y/Y mainly due to strength in its refining business. Combined oil sands production at Foster Creek and Christina Lake averaged more than 100K bbl/day, up 22% Y/Y. Conventional oil production, including Pelican Lake, averaged nearly 80K bbl/day, up 7%.
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Comments (2)
  • esnoyer
    , contributor
    Comments (2) | Send Message
     
    So why then the market slide in the stock?
    24 Apr 2013, 08:37 AM Reply Like
  • marpy
    , contributor
    Comments (1246) | Send Message
     
    I suspect that it got caught in the overall down market with the rest of the oil stocks. if you look at operating profits they actually beat expectations at I believe it was 0.52.
    24 Apr 2013, 09:07 AM Reply Like
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