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Stock Market & Financial Investment News

News Breaks
February 15, 2013
09:04 EDTECAEncana downgraded to Neutral from Buy at UBS
News For ECA From The Last 14 Days
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February 25, 2015
12:31 EDTECAOn The Fly: Midday Wrap
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06:24 EDTECAEncana reduces 2015 CapEx by $700M to $2.0B-$2.2B
Encana is reducing its previously announced 2015 capital investment by approximately $700M to $2.0B-$2.2B. The company's 2015 capital program is now based on assumptions of $50 per barrel WTI oil prices and NYMEX natural gas prices of $3 per MMBtu. Encana expects total 2015 cash flow of $1.4B-$1.6B. The company intends to fully fund its 2015 capital program and dividend with anticipated cash flow combined with net proceeds of around $800M from the previously announced divestitures of certain Clearwater assets and Montney midstream infrastructure.
06:22 EDTECAEncana reports Q4 EPS 5c, consensus 21c
Reports Q4 average liquid production 106,400 bbls/d, up 61% YoY. Reports Q4 natural gas production of 1,861 MMcf/d, down 32%.

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