Canadian oil producer Cenovus posts quarterly loss

Thu Jul 28, 2016 6:08am EDT
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July 28 (Reuters) - Canadian oil producer Cenovus Energy Inc posted a quarterly loss, compared with a year-ago profit, hurt by a slump in oil prices that has now lasted two years.

Cenovus posted a net loss of C$267 million ($203 million), or 32 Canadian cents per share, in the second quarter ended June 30, compared with a profit of C$126 million, or 15 Canadian cents per share, a year earlier.

($1 = 1.32 Canadian dollars) (Reporting by Swetha Gopinath in Bengaluru; Editing by Maju Samuel)