TSX, NYSE: ECA Encana Corp. announced today that its wholly-owned subsidiary, Encana Oil & Gas Inc., has completed the previously announced sale of its San Juan asset in New Mexico to Denver-based DJR Energy. “This transaction continues our track record of unlocking value from non-core assets,” said Doug Suttles, Encana President & CEO. “The proceeds from this sale add to our financial strength and [...]
Newfield Exploration Company today provided a slide deck with supplemental information regarding its previously announced combination with Encana Corp.. The slides can be found on the Company's website. Newfield Exploration Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Our U.S. operations are onshore and focus primarily on [...]
TSX, NYSE: ECA Encana delivered strong financial performance in the third quarter driven by significant liquids growth, high realized pricing and continued efficiencies. Financial and operating highlights from the quarter include: net earnings of $39 million cash from operating activities of $885 million, up 148 percent year-over-year non-GAAP free cash flow of $66 million; company is on track to generate full-year [...]
Encana Corp. and Newfield Exploration Company today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Newfield in an all-stock transaction valued at approximately $5.5 billion. In addition, Encana will assume $2.2 billion of Newfield net debt. The strategic combination will create a leading multi-basin company and has been unanimously [...]
TSX, NYSE: ECA Encana Corp. will release its 2018 third quarter results on Thursday, November 1, 2018. The news release detailing Encana's 2018 third quarter results will provide operating and financial information. Financial statements will be available on the company's website. A conference call and webcast to discuss the 2018 third quarter results will be held for the investment community the same day at 7 a.m. MT . To [...]
Encana Corp. , announced today that its wholly-owned subsidiary, Encana Oil & Gas Inc., has reached an agreement to sell its San Juan assets, located in New Mexico for US$480 million to Denver-based DJR Energy, LLC. “This transaction is consistent with our strategy and our objective of delivering quality returns to our shareholders. It adds to our financial strength and is aligned with our focus on maximizing the [...]
TSX, NYSE: ECA Doug Suttles, Encana President & CEO, will be presenting at the Barclays CEO Energy-Power Conference in New York City on Thursday, September 6 starting at 9:05 a.m. ET . The presentation will last approximately 35 minutes. The live and archived webcast will be available on Encana’s website or can be accessed directly from the Barclays conference. Presentation slides will be made available for download [...]
CALGARY, Alberta , Aug. 01, 2018 -- TSX, NYSE: ECA Encana delivered strong financial performance in the second quarter driven by continued liquids growth, efficiencies and robust realized prices. Year-over-year, the company more than doubled cash from operating activities and increased its non-GAAP cash flow and cash flow margin by 67 and 57 percent, respectively. Encana is on track to grow annual production by over 30 [...]
CALGARY, Alberta, July 25, 2018 -- Encana Corp. will release its 2018 second quarter results on Wednesday, August 1, 2018. The news release detailing Encana's 2018 second quarter results will provide operating and financial information. Financial statements will be available on the company's website. A conference call and webcast to discuss the 2018 second quarter results will be held for the investment community the same [...]
CALGARY, Alberta, May 01, 2018 -- The following matter was voted upon at the Annual Meeting of Shareholders of Encana Corp. held on May 1, 2018 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and 2018 Proxy Statement dated March 22, 2018. 1. Election of Directors By resolution passed via ballot, the following 10 nominees were appointed as Directors of [...]
CALGARY, Alberta, May 01, 2018 -- Encana’s first quarter financial and operating performance has the company firmly on track to deliver more than 30 percent annual production growth within expected cash flow. Increased year-over-year liquids production, continued cost efficiencies and strong realized pricing resulting from the company’s market diversification strategy contributed to significant non-GAAP cash [...]
CALGARY, Alberta, April 24, 2018 -- Encana Corp. will release its 2018 first quarter results and hold its Annual Meeting of Shareholders on Tuesday, May 1, 2018. The news release detailing Encana's 2018 first quarter results will provide operating and financial information. Financial statements will be available on the company's website. A conference call and webcast to discuss the 2018 first quarter results will be held [...]