Cenovus Energy Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 13,397 million compared to CAD 12,262 million a year ago. Net income was CAD 1,176 million compared to CAD 636 million a year ago.

Basic earnings per share from continuing operations was CAD 0.62 compared to CAD 0.33 a year ago. Diluted earnings per share from continuing operations was CAD 0.62 compared to CAD 0.32 a year ago.