May 26, 2020
  • 7:18 pm Party in Anfield after an assistance from Alisson to Salah
  • 7:14 pm Thomas is half life
  • 7:10 pm “I had a click before the Galatasaray”
  • 4:28 pm Prijovic will have three months of house arrest for skipping quarantine in Belgrade
  • 4:15 pm There are already several proposals for the 2nd B playoff that the RFEF wants

CALGARY — Cenovus Energy Inc. (TSX:CVE) reported a profit in its second quarter, boosted by its purchase of most of the Canadian assets of ConocoPhillips.The company reported a quarterly profit of $2.64 billion or $2.37 per share, including a $1.8-billion non-cash revaluation gain on its interest in an oilsands joint venture with ConocoPhillips that it acquired full ownership in.The profit compared with a loss of $267 million or 32 cents per share in the same quarter last year.On an operating basis, Cenovus reported a profit of $398 million or 36 cents per share in its latest quarter compared with a loss of $39 million or five cents per share a year ago.Gross sales totalled $4.08 billion, up from nearly $2.75 billion.In May, Cenovus closed the acquisition of most of ConocoPhillips’s Canadian assets including the oilsands joint venture and most of its Deep Basin conventional assets in Alberta and British Columbia.