BRIEF-Cenovus posts Q1 operating loss $0.51/shr

Wed Apr 27, 2016 6:25am EDT
 
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April 27 (Reuters) - Cenovus Energy Inc

* Cenovus Energy Inc qtrly cash flow earnings per share $0.03

* On track at Foster Creek to achieve expected volumes of between 60,000 bbls/d net and 65,000 bbls/d net in first half of 2016

* Reduced projected 2016 capital spending by $300 million

* Cenovus finishes first quarter with strong balance sheet

* Qtrly operating loss per share $0.51

* Qtrly loss per share $0.14

* Q1 earnings per share view c$-0.41, revenue view c$2.69 billion -- Thomson Reuters I/B/E/S

* Qtrly oil sands production 137,975 bbls/d versus 144,372 bbls/d   Continued...