Feb 11 (Reuters) - Canadian oil producer Cenovus Energy Inc
CVE.TO reported a bigger quarterly loss and also cut its
dividend and 2016 capital spending budget amid a prolonged slump
in oil prices.
Cenovus's net loss widened to C$641 million ($458.4
million), or 77 Canadian cents per share, in the fourth quarter
ended Dec. 31, from C$472 million, or 62 Canadian cents per
share, a year earlier.
The company cut its 2016 capital spending by C$200-C$300
million to C$1.2-C$1.3 billion.
($1 = C$1.40)