Fri, February 21, 2025
[ Fri, Feb 21st 2025 ]: Reuters
UK runs record January budget surplus but misses forecasts
[ Fri, Feb 21st 2025 ]: Bloomberg
Bessent Plans First Call With China Counterpart on Friday
[ Fri, Feb 21st 2025 ]: Forbes
The Future Of Wall Street And Enterprise: Fintech 50 2025
[ Fri, Feb 21st 2025 ]: Outlookindia
For Banking Technologist Girish Wali, The Real-Wo .. n Of AI Is A Necessity For The Present And Future
[ Fri, Feb 21st 2025 ]: MSN
Can You Cash a Check at an ATM?
[ Fri, Feb 21st 2025 ]: Yahoo
'Unrestrained': Trump pushes business interests in 2nd term
[ Fri, Feb 21st 2025 ]: MSN
Cut deficit, create bold budget moves - Paul Chan's mission impossible?
[ Fri, Feb 21st 2025 ]: Reuters
StanChart reports 18% rise in annual profit, roughly in line with estimates
Thu, February 20, 2025
[ Thu, Feb 20th 2025 ]: Yahoo
Beshear: Weather death toll rises to 15, search-and-rescue phase ending
[ Thu, Feb 20th 2025 ]: 7NEWS
INSIDE MEDIA: Neighbours axed again and exposing the secret MAFS contract contestants have to sign
[ Thu, Feb 20th 2025 ]: CNBC
CNBC Daily Open: Alibaba surges and Amazon beats Walmart
[ Thu, Feb 20th 2025 ]: cfodive
GM tariff playbook includes international inventory cuts, CFO says
[ Thu, Feb 20th 2025 ]: Wired
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
[ Thu, Feb 20th 2025 ]: Oregonian
Oregon will issue loans to help build middle-income homes
[ Thu, Feb 20th 2025 ]: GOBankingRates
10 Industries With Remote Jobs That Pay $100K or More in 2025
[ Thu, Feb 20th 2025 ]: ABC
Tesla's law firm helps draft legislation that som .. experts say could restore Musk's $55B pay package
[ Thu, Feb 20th 2025 ]: Reuters
Canada's Cenovus Energy quarterly profit falls on weak oil prices
[ Thu, Feb 20th 2025 ]: Reuters
Norinchukin sees $12.6 billion loss in 2024 financial year, CEO resigns
[ Thu, Feb 20th 2025 ]: Fortune
CEOs unhappy with Trump on Ukraine
[ Thu, Feb 20th 2025 ]: Fortune
Sin City showdown: Capital One's Las Vegas airport lounge ups the ante
[ Thu, Feb 20th 2025 ]: ProPakistani
Aurangzeb Engages with Pakistan Dairy Association, Challenges and Policy Measures Discussed
[ Thu, Feb 20th 2025 ]: Upstream
Cenovus hits new Canada oil sands production record
[ Thu, Feb 20th 2025 ]: inc42
How Stockwiz Is Leveraging AI To Democratise F&O Trading For Retail Investors
[ Thu, Feb 20th 2025 ]: Forbes
The Public Markets Test: Why Going Public Still Matters In The Age Of Mega-Privates
[ Thu, Feb 20th 2025 ]: Forbes
How To Build Resilience Into Your Business, Finances
[ Thu, Feb 20th 2025 ]: Tempo
Master These 10 High-Income Skills in 2025 and Secure Your Future
[ Thu, Feb 20th 2025 ]: Forbes
4 Predictions For The Future Of AI In Estate Planning
[ Thu, Feb 20th 2025 ]: Couriermail
ACCC still 'concerned' about Woolworths and Coles discounts
[ Thu, Feb 20th 2025 ]: Fortune
Paying off debt with debt: How a balance transfer will save me over $1,000
[ Thu, Feb 20th 2025 ]: ProPakistani
Taxing Only Salaried Class is Not The Complete Solution: Finance Minister
[ Thu, Feb 20th 2025 ]: MSN
Major crackdown on 'excessive' surcharge scourge costing Aussies: 'Repetitive instances'
[ Thu, Feb 20th 2025 ]: AOL
The one thing Elon Musk doesn't tweet about: Tariffs
[ Thu, Feb 20th 2025 ]: MSN
Mark Kleinman: FCA is naming and shaming itself, not the City
[ Thu, Feb 20th 2025 ]: MSN
When I first started I knew what mattered was the business cycle, says Jim Cramer
[ Thu, Feb 20th 2025 ]: Reuters
BOJ chief Ueda meets PM Ishiba, eyes attending next week's G20
Wed, February 19, 2025
[ Wed, Feb 19th 2025 ]: Yahoo
Local business helping fire victims gets special surprise
[ Wed, Feb 19th 2025 ]: foxbaltimore
Liquor license fee hike shocks Maryland bar and restaurant owners
[ Wed, Feb 19th 2025 ]: MSN
Using Life Insurance in Estate Planning | Finance Strategists
[ Wed, Feb 19th 2025 ]: Techopedia
How Does an Online Casino Work?
[ Wed, Feb 19th 2025 ]: Forbes
Is "Waste-To-Value" The Next Big Private Equity Category?
[ Wed, Feb 19th 2025 ]: fbcnews
Calls for fairer prices to tackle costs
[ Wed, Feb 19th 2025 ]: Kiplinger
Trump Admin. Kills Support for NYC Congestion Pricing Despite Benefits
[ Wed, Feb 19th 2025 ]: MSN
Georgia's richest man said to be moving funds to avoid US sanctions
[ Wed, Feb 19th 2025 ]: Reuters
Hong Kong expands virtual asset push with new licensing, trading options
[ Wed, Feb 19th 2025 ]: Politico
Ballard links with Italian firm
[ Wed, Feb 19th 2025 ]: MSN
'We shall rebuild' | Grand Rapids business stays open despite massive fire
[ Wed, Feb 19th 2025 ]: Forbes
Why Financial Services Can And Must Prepare For AI
[ Wed, Feb 19th 2025 ]: AOL
Here's the Average Salary for a Business Professional in Florida

Canada's Cenovus Energy quarterly profit falls on weak oil prices

Canadian oil and gas producer Cenovus Energy posted a fall in fourth-quarter profit on Thursday, as lower commodity prices and weak refining margins offset higher production.
Canada's Cenovus Energy reported a significant drop in its quarterly profit, with net earnings falling to $784 million, or 40 cents per share, for the first quarter ending March 31, down from $1.2 billion, or 62 cents per share, in the same period the previous year. This decline was primarily attributed to weaker oil prices, which negatively impacted the company's upstream production. Despite the profit drop, Cenovus managed to increase its total upstream production by 2.7% to 800,900 barrels of oil equivalent per day (boepd), with notable growth in oil sands production. However, this was offset by lower natural gas and conventional liquids production. The company also faced challenges from a $140 million wildfire-related outage at its Rainbow Lake facility, although it expects to recover most of these costs through insurance. Additionally, Cenovus reduced its debt by $1 billion during the quarter, bringing its net debt down to $5.1 billion.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/other/canada-s-cenovus-energy-quarterly-profit-falls-on-weak-oil-prices/ar-AA1zsujy ]