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Cenovus Energy falls after posting 56% slump in Q3 profit



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** Shares of Canadian oil and gas producer Cenovus Energy CVE.TO down 4.1% at C$22.23

** Co posts a 56% slump in Q3 profit, due to a decline in production and throughput volumes as well as lower commodity prices

** Says its total upstream production was 771,300 barrels of oil equivalent per day (boepd) in the quarter, down from 797,000 boepd a year earlier

** Total Q3 downstream throughput down 3% from a year earlier to 642,900 barrels of crude oil per day (bpd), due to a major turnaround at its Lima refinery

** Co reports Q3 adjusted profit of 42 Canadian cents/shr vs 97 Canadian cents/shr in previous year

** Including sessions moves, stock is down ~4% YTD



Reporting by Pooja Menon in Bengaluru

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