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Cenovus Energy Inc.

10:12 AM EST - Cenovus Energy Inc. : said its fourth-quarter net earnings plunged to $24 million U.S. from $380 million U.S. in the prior-year period. Net earnings per common share for the quarter fell to $0.03 U.S. from $0.51 U.S. in the year-ago period. Revenues, net of royalties, for the quarter declined to $2.83 billion U.S. from $3.20 billion U.S. in the comparable period. Cenovus Energy Inc. shares T.CVE are trading down $0.42 at $24.32.