Cenovus Energy Inc. (CVE) reported fourth-quarter 2023 adjusted earnings per share of 29 cents, which beat the Zacks Consensus Estimate of 25 cents. The bottom line is in line with the year-ago quarter’s 29 cents. Total quarterly revenues of $9.65 billion missed the Zacks Consensus Estimate of$9.73 billion. The top line also declined from the year-ago quarter’s $10.36 billion. Strong quarterly earnings can be primarily attributed to higher contributions from the Oil Sands unit and lower expenses. Operation ...