Calgary-based Cenovus reports second quarter earnings of $1 billion, debt target hit

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Cenovus Energy Inc. says it will be returning 'substantially' more money to shareholders in upcoming quarters after achieving its debt reduction target.

Cenovus Energy logos are on display at the Global Energy Show in Calgary, Alta., Tuesday, June 7, 2022. THE CANADIAN PRESS/Jeff McIntoshCenovus Energy Inc. says it will be returning "substantially" more money to shareholders in upcoming quarters after achieving its debt reduction target.

The company reported revenues of $14.9 billion for the second quarter, up from $12.2 billion for the same quarter last year.City detects new wire snap along water main, is still assessing pipe-diver dataHeat warnings are raised in pockets across the country headed into this August long weekend, according to Environment and Climate Change Canada.

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Cenovus reports second quarter earnings of $1 billion, debt target hitCALGARY — Cenovus Energy Inc. says it will be returning 'substantially' more money to shareholders in upcoming quarters after achieving its debt reduction...
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