July 28 (Reuters) - Cenovus Energy Inc CVE.TO
* Q2 loss per share $0.32
* Qtrly operating loss per share $0.05
* Remains on track with its plans to bring on two new oil sands expansion phases and achieve up to $500 million in capital
* Continues to anticipate exiting 2016 with Foster Creek production above 70,000 bbls/d net
* Production at Cenovus's Foster Creek oil sands project averaged approximately 65,000 bbls/d net in Q2
* Production averaged 64,544 bbls/d net in Q2 of 2016, an 11% increase from same period of 2015
* Expects about two-thirds of realized cost reductions achieved since end of 2014 will be sustainable even in higher commodity price environment
* Qtrly total oil production 198,080 bbls/d versus 199,954 bbls/d)
* Q2 earnings per share view c$-0.19 -- Thomson Reuters I/B/E/S
* Has Strong Second Quarter operational performance
* In Q2, Cenovus recorded severance costs of approximately $19 million related to its 2016 workforce reductions
* Qtrly operating loss per share $0.05 Source text for Eikon: ID:nMKWKwXrYa Further company coverage: CVE.TO
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