16.02.2023 12:31:35

Cenovus Energy Reports Profit In Q4; Names Jon McKenzie President & CEO

(RTTNews) - Cenovus Energy Inc. (CVE.TO, CVE) reported fourth quarter net income of C$784 million or C$0.39 per share compared to a net loss of C$408 million or C$0.21 per share, previous year. Revenue was C$14.1 billion, compared to C$13.7 billion, last year.

Cenovus Energy Inc. announced Alex Pourbaix will shift to the role of Executive Chair. Jon McKenzie, current Executive Vice-President & Chief Operating Officer, will become President & Chief Executive Officer. The changes will take effect at the conclusion of the AGM.

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