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Cenovus climbs after record output drives Q3 earnings

By Reuters News8 hours ago Updated

** US-listed shares of Canadian oil and gas producer Cenovus Energy CVE.TO, up 2.5% at $31.52 premarket

** Co posts higher Q3 profit, helped by record upstream production and stronger refining margins

** Posts Q3 profit of C$3.36 billion compared to C$1.29 billion from last year

** Reports highest-ever quarterly upstream production of 1.024 million barrels of oil equivalent per day (boepd), compared with 832,900 boepd a year ago

** As of last close, CVE up 81.7% YTD

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