Cenovus Energy reports Q1 EPS 83c, consensus 55c

Reports Q1 revenue 12.4B frp, $10.9B in the previous quarter. Reports Q1 upstream production of 972,100 BOE/d, an increase of 54,200 BOE/d or 6% from Q4 2025 and 153,200 BOE/d or 19% from Q1 2025, and downstream crude throughput of 458,500 bbls/d, representing an overall crude unit utilization rate of 97%. “Our people continued to deliver exceptional operating and financial results. From record Upstream production to seamless project execution and robust Downstream performance, the entire suite of integrated assets contributed to a terrific quarterly result,” said Jon McKenzie, CEO. “Our focus remains squarely on safety and disciplined execution of our ambitious business plan.”