March 22, 2018 / 2:12 PM / 7 months ago

BUZZ-Cenovus Energy: Slides after transportation constraints hit production

** Shares of Canadian oil and gas producer down 4.7 pct at C$10.99; biggest pct loss in more than 1 month

** Co says its oil sands production below full capacity due to trouble with exporting through maxed-out pipelines to the United States.

** CVE maintains FY production guidance of 364,000-382,000 bbl/d but says transportation constraints are the reason for reduced prices of its crude compared to U.S. alternatives

** So far this year, stock has fallen 4.5 pct compared with a 4.2 pct drop in the TSX 300 Composite Index (Reporting by Anirban Paul)

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