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Cenovus Energy reports $3.36B Q3 profit, up from $1.29B a year ago

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CALGARY — Cenovus Energy Inc. reported a third-quarter profit of $3.36 billion, up from $1.29 billion in the same quarter last year.

The company says the profit amounted to $1.83 per diluted share, up from 72 cents per diluted share in the third quarter of 2025.

Revenue for the quarter was $15.98 billion, up from $13.20 billion a year ago.

Upstream production totalled 1,023,500 barrels of oil equivalent per day for the quarter, up from 832,900 in the same quarter last year.

Downstream crude throughput amounted to 437,200 barrels per day, down from 710,700 a year ago.

Last month, Cenovus signed a deal to buy Athabasca Oil Corp. in a $5.7-billion cash-and-stock deal.

This report by The Canadian Press was first published Nov. 4, 2026.