Finance

Cenovus Energy posts fourth quarter loss, production increases

Despite quarterly loss, company set to share plans on increasing returns to shareholders soon

New wells: Increased production from new wells was credited for the 25,000 bpd increase in production in the fourth quarter at Cenovus Energy's Foster Creek asset
New wells: Increased production from new wells was credited for the 25,000 bpd increase in production in the fourth quarter at Cenovus Energy's Foster Creek assetPhoto: REUTERS
Houston
CanadaCenovus EnergyAlex PourbaixAmericasNorth America
Published 8 February 2022, 21:12Updated 8 February 2022, 21:23