Encana
Encana says cost cutting includes 15% job reduction after Newfield acquisition
The company hasn’t said how many employees were laid off.
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Canada’s sad march to energy industry oblivion
Encana has now become Americanized, driven south by disastrous Liberal policies.
Encana to buy Newfield Exploration in all stock deal, plans to raise dividend
Encana will assume US$2.2 billion of Newfield debt.
Oil price rise fails to convince Encana to increase spending plans
Wary of cost inflation and unconvinced that recent price increases will last.
New Canadian gas plant helps Encana recover production lost to hurricane
Light oil produced with gas from the Montney underground formation will double in the fourth quarter.
Encana named in California climate related lawsuit
A string of suits allege energy companies have deliberately sown misinformation and doubt on climate change.
Encana selling Colorado natural gas unit to Caerus for $735M
Selling no core assets to focus on four core areas in Texas and Western Canada.
Encana CEO would still invest in Canada and US if border tax applied
A border adjustment tax could make it more difficult for Canadian producers to compete in the US.
Encana expects 2017 profit margin will be 25% higher than October projection
Projection based on anticipated cost reductions and higher total volumes in the second half of this year.
Encana turns $317M profit in Q3, revenue falls
Revenue fell to $979 million compared with $1.31 billion in third quarter of 2015.
Encana posts US$601M loss for Q2
Oil and gas producer has a rosier outlook for the rest of the year.
Encana takes a more positive view, even with Q2 loss
Reinvesting savings and asset sale funds to increase capital program by $200 million.
Alberta wildfire boosts Q2 energy company results
Blended oil sands bitumen rose 58% to an average of $42.52 per barrel from $26.93.
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Encana to cut workforce by further 20%
Its 2016 capital plan has been revised to between $900 million and $1 billion, down 55% from 2015.
Fluor wins sweet gas plant project near Dawson Creek
Part of the Mitsubishi/Encana partnership to develop natural gas resources in BC.
