May. 6 at 4:13 PM
$CVE Cenovus Energy delivered a legit strong quarter:
EPS beat (~
$0.83 vs ~
$0.51 est)
Net income:
$1.57B (almost 2x YoY)
Free cash flow:
$2.2B (huge)
Production: record ~972K boe/day (+19% YoY)
Dividend raised 10% (bullish signal)
👉 This is not just good its a momentum-grade earnings