Tag Archives: earnings

Cenovus reaches agreement to sell interest in Weyburn asset for $940 million

Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into an agreement to sell its majority interest in the Weyburn carbon-dioxide enhanced oil recovery operation in Saskatchewan for cash proceeds of $940 million. The sale is expected to close in the fourth quarter of 2017, subject to customary closing conditions. The previously…

The Mosaic Company reports Fourth Quarter and Full Year Fiscal 2013 Results

The Mosaic Company reported fourth quarter fiscal 2013 net earnings of $486 million, compared to $507 million a year ago. Earnings per diluted share were $1.14 in the quarter compared to $1.19 last year. Mosaic’s net sales in the fourth quarter of fiscal 2013 were $2.7 billion, down from $2.8 billion last year. Operating earnings during the quarter were $621 million,…