CALGARY, Alberta (AP) _ Cenovus Energy Inc. (CVE) on Wednesday reported a first-quarter loss of $1.34 billion, after reporting a profit in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of $1.09. Losses, adjusted for non-recurring costs, were 72 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The oil company posted revenue of $2.99 billion in the period.

The company's shares closed at $3.15. A year ago, they were trading at $10.16.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVE at https://www.zacks.com/ap/CVE

Automated Insights, source Associated Press News