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Company News

BRIEF-Cenovus Q3 ‍loss per share $0.06​

Nov 2 (Reuters) - Cenovus Energy Inc

* Cenovus reports solid third quarter results

* Cenovus Energy - announced sale agreements for Pelican Lake, Suffield and Palliser assets for combined gross cash proceeds of approximately $2.8 billion

* Cenovus continues to target $4 billion to $5 billion of cumulative announced sale agreements in 2017

* Cenovus Energy-reduced planned 2017 capital spending guidance by $100 million to $1.6 billion at midpoint with no expected impact to production in core areas

* Qtrly operating earnings per share $0.28

* q3 total natural gas 851 MMCF/d versus 392 MMCF/d

* Qtrly adjusted funds flow per share $0.80

* Q3 total oil and liquids 449,055 BBLS/d versus 208,072 BBLS/d

* Cenovus Energy Inc - production at co’s Christina Lake and Foster Creek oil sands operations rose to 362,494 bbls/d in q3 of 2017, up 136% Q3 2016

* Qtrly loss per share $0.06

* says to provide its 2018 budget overview later this year

* In final stages of an analysis of deep basin assets with a view to identifying non-core properties for potential sale

* declared a Q4 dividend of $0.05 per share

* Cenovus Energy-production at Cenovus’s Christina Lake, Foster Creek oil sands operations rose to 362,494 BBLS/d in Q3, increase of 136% from last year

* Q3 earnings per share view C$0.14 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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