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Stock Market & Financial Investment News

News Breaks
December 24, 2012
09:11 EDTCVX, ECAEncana to sell its interest in proposed Kitimat LNG export terminal to Chevron
Encana (ECA) has agreed to sell its 30% interest in the proposed Kitimat liquefied natural gas, or LNG, export terminal project to Chevron Canada Limited (CVX). Included in the sale are Encana's 30% interest in the associated Pacific Trail Pipelines as well as approximately 32,500 acres of undeveloped land in the Horn River Basin of northeastern British Columbia and the assumption of Encana's take-or-pay processing commitments for the first phase of the Cabin Gas Plant.
News For ECA;CVX From The Last 14 Days
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November 18, 2014
18:26 EDTCVXKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
08:47 EDTCVXWilliams says Gulfstar One placed into service
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08:43 EDTCVXChevron confirms first oil production from Tubular Bells in Gulf of Mexico
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08:36 EDTCVXHess Corp. announces first production from Tubular Bells Field
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November 13, 2014
08:13 EDTCVXChevron abandons geothermal project in Sumatra, Jakarta Post says
A Chevron unit has handed over its working area in Lampung, Sumatra, to the local government, with a government official stating that company said its early survey failed to find steam at an economical level to continue its geothermal project, according to the Jakarta Post. Reference Link
November 12, 2014
07:31 EDTECABofA/Merrill to hold a conference
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06:04 EDTECAEncana reports Q3 EPS 38c, consensus 46c
Reports Q3 cash flow up 22% to $807M. Reports Q3 net earnings attributable to common shareholders were $2.8B, or $3.79 per share. Doug Suttles, Encana president and CEO stated, "Our Q3 results highlight the tremendous momentum we have built executing our strategy and we are now a full two years ahead of the targets we originally set for 2017. The steps we have taken to transform our portfolio and drive cost efficiencies have delivered an over 50% increase in upstream operating cash flow against an eight percent decline in overall production, compared to the same period in 2013. This highlights our focus on delivering value versus volumes. Consistent with the strategy we announced one year ago, we have built a balanced and resilient portfolio that comprises high-quality oil, natural gas liquids and natural gas investment opportunities."
November 11, 2014
07:47 EDTCVXJacobs Engineering receives contract from Chevron in South Africa
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November 10, 2014
15:43 EDTCVXAmerican Petroleum Institute to hold a conference
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07:18 EDTCVXChevron hasn't finished shale gas assessment in Romania, Reuters reports
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