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Encana Corp (ECA.TO)

ECA.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Encana - Higher Oil Prices Ytd Increase 2019 Estimates For Free Cash Flow - Presentation
Tuesday, 21 May 2019 

May 21 (Reuters) - Encana Corp ::ENCANA - HIGHER OIL PRICES YTD INCREASE 2019 ESTIMATES FOR FREE CASH FLOW - PRESENTATION.  Full Article

Encana Corp Posts Q1 Loss Per Share of $0.20
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Encana Corp ::ENCANA REPORTS 2019 FIRST QUARTER FINANCIAL AND OPERATING RESULTS.Q1 LOSS PER SHARE $0.20.Q1 NON-GAAP OPERATING EARNINGS PER SHARE $0.14.ENCANA REITERATED ITS 2019 PROFORMA CAPITAL GUIDANCE OF $2.7 TO $2.9 BILLION.ENCANA - TOTAL COMBINED PROFORMA PRODUCTION IN QUARTER WAS ABOUT 566,600 BOE/D, UP 13 PERCENT YEAR-OVER-YEAR.Q1 PROFORMA LIQUIDS PRODUCTION GREW 15 PERCENT YEAR-OVER-YEAR, TO ABOUT 292,700 BARRELS PER DAY (BBLS/D).  Full Article

Encana And Newfield’S Strategic Combination Receives Shareholder Approvals
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Encana Corp ::ENCANA AND NEWFIELD’S STRATEGIC COMBINATION RECEIVES SHAREHOLDER APPROVALS.TRANSACTION IS EXPECTED TO CLOSE ON FEBRUARY 13, 2019.  Full Article

Fuelled Agrees With A Major Energy Producer To Sell Surplus Oil And Gas Equipment
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Fuelled Inc: :FUELLED ANNOUNCES AGREEMENT WITH A MAJOR ENERGY PRODUCER TO SELL SURPLUS OIL AND GAS EQUIPMENT.FUELLED SAYS AGREEMENTS WITH ENCANA AND OBSIDIAN ENERGY TO ACT AS PRIMARY SALES AGENT FOR EACH ORGANIZATION'S SURPLUS OIL AND GAS EQUIPMENT.  Full Article

Keyera Says Entered Infrastructure Development And Midstream Service Agreement With Encana
Monday, 2 Apr 2018 

April 2 (Reuters) - Keyera Corp ::EXPECTS TO INVEST GROWTH CAPITAL OF BETWEEN $900 MILLION AND $1 BILLION IN 2018.ENTERED 20 YEAR INFRASTRUCTURE DEVELOPMENT AND MIDSTREAM SERVICE AGREEMENT WITH ENCANA.DEAL WITH ENCANA IS TO SUPPORT THEIR CONDENSATE FOCUSED PIPESTONE MONTNEY DEVELOPMENT NEAR GRANDE PRAIRIE, ALBERTA.PRELIMINARY CAPITAL ESTIMATE FOR PIPESTONE PLANT IS BETWEEN $500 MILLION AND $600 MILLION.PIPESTONE PLANT WILL INCLUDE A TOTAL OF 200 MILLION CUBIC FEET PER DAY OF SOUR GAS PROCESSING CAPACITY.  Full Article

Encana Corp Says CEO Doug Suttles' FY 2017 Total Compensation Was $12.2 Mln
Friday, 23 Mar 2018 

March 23 (Reuters) - Encana Corp ::ENCANA CORP SAYS CEO DOUG SUTTLES' FY 2017 TOTAL COMPENSATION WAS $12.2 MILLION VERSUS $13.6 MILLION IN FY 2016 - SEC FILING.  Full Article

Encana Corp Q4 Total Production Averaged 335,200 Boe/D
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Encana Corp ::ENCANA DELIVERS STRONG FOURTH QUARTER AND 2017 RESULTS; COMPANY ANNOUNCES $400 MILLION SHARE REPURCHASE PROGRAM.LIQUIDS PRODUCTION FOR MONTNEY EXPECTED TO DOUBLE AGAIN IN Q4 2018 TO BETWEEN 55,000 AND 65,000 BBLS/D.Q4 LIQUIDS PRODUCTION MORE THAN DOUBLED FROM Q4 2016 TO 29,000 BBLS/D FOR MONTNEY .ENCANA EXPECTS ITS 2018 CAPITAL PROGRAM WILL BE BETWEEN $1.8 BILLION AND $1.9 BILLION.EXPECTS 2018 CAPITAL PROGRAM WILL BE BETWEEN $1.8 BILLION AND $1.9 BILLION.CORE ASSET PRODUCTION GROWTH OF 31 PERCENT FROM THE FOURTH QUARTER OF 2016 TO THE FOURTH QUARTER OF 2017‍​.EXPECTS TO GROW 2018 TOTAL ANNUAL PRODUCTION TO BETWEEN 360,000 TO 380,000 BOE/D.EXPECTS TO GROW 2018 TOTAL LIQUIDS PRODUCTION TO BETWEEN 165,000 BBLS/D AND 175,000 BBLS/D.ABOUT 70 % OF 2018 CAPITAL PROGRAM WILL BE FOCUSED ON GROWING OIL PRODUCTION FROM PERMIAN, HIGH-MARGIN CONDENSATE PRODUCTION IN MONTNEY.TOTAL FOURTH QUARTER PRODUCTION AVERAGED 335,200 BOE/D, WITH CORE ASSETS CONTRIBUTING 93 PERCENT.PLANS TO SPEND UP TO $400 MILLION TO REPURCHASE UP TO 35 MILLION COMMON SHARES OVER NEXT 12 MONTHS THROUGH NORMAL COURSE ISSUER BID.CO'S CORE ASSETS ARE EXPECTED TO CONTRIBUTE OVER 95 PERCENT OF TOTAL 2018 PRODUCTION.COMPANY PLANS TO FUND NORMAL COURSE ISSUER BID WITH CASH ON HAND.Q4 NET LOSS OF $229 MILLION, REFLECTING NON-CASH DEFERRED TAX CHARGE PRIMARILY DUE TO DECREASE IN TAX RATES IN 2017 ARISING FROM U.S. TAX REFORM‍​.  Full Article

Encana ‍Expects 2018 Capital Program Will Be Similar To 2017​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Encana Corp ::ENCANA DELIVERS STRONG FINISH TO 2017; INNOVATION, EXECUTION AND EFFICIENCY SET THE STAGE FOR SELF-FUNDED GROWTH IN 2018.ENCANA CORP - ‍EXPECTS ITS 2018 CAPITAL PROGRAM WILL BE SIMILAR TO 2017​.ENCANA CORP - ‍CORE ASSETS DELIVERED PRODUCTION GROWTH OF APPROXIMATELY 31 PERCENT FROM Q4 OF 2016 TO Q4 OF 2017​.ENCANA CORP SAYS "‍FIRMLY" ON TRACK TO MEET OR EXCEED TARGETS IN FIVE-YEAR PLAN SHARED AT ITS INVESTOR DAY IN OCTOBER 2017​.ENCANA CORP - ANTICIPATES BETWEEN 25 TO 35 PERCENT PRODUCTION GROWTH FROM ITS CORE ASSETS FROM Q4 OF 2017 TO Q4 OF 2018.ENCANA SAYS "‍PLANS TO INVEST VIRTUALLY ALL ITS ANTICIPATED 2018 CAPITAL IN ITS CORE ASSETS, WITH AROUND 70 PERCENT DIRECTED TO PERMIAN AND MONTNEY​ ".ENCANA CORP - IN 2018, ENCANA EXPECTS TO GROW ITS LIQUIDS PRODUCTION.  Full Article

Encana reports Q3 EPS $0.30
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Encana Corp :Encana reports third quarter results; company firmly on track to meet or beat 2017 deliverables in a transformational year.Q3 earnings per share $0.30.‍Q3 total production of 284,000 barrels of oil equivalent per day (boe/d)​.Says ‍Q3 core asset production of 248,000 boe/d; in October, this increased by 22 percent to over 302,000 boe/d​.‍In 2018, encana expects its total capital and cash flow to be in "balance"​.Says ‍Encana expects its core assets will deliver around 30 percent production growth from Q4 of 2016 to Q4 of 2017​.‍For 2018, company has hedged approximately 88,000 bbls/d of expected oil​.‍Q3 core asset production of 248,000 boe/d​.  Full Article

Encana to update five-year plan during Investor Day
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Encana Corp :Encana to update five-year plan during Investor Day; company expects to deliver leading corporate returns, strong cash flow growth and substantial free cash flow.Encana Corp - ‍through its five-year plan, company expects its return on capital employed will climb to between 10 to 15 percent​.Encana - ‍expects to deliver about 25 percent compound annual growth in non-GAAP cash flow, around $1.5 billion cumulative adjusted free cash flow through 5-year plan​.  Full Article

Interest dims in Oklahoma shale play as drilling results disappoint

NEW YORK, June 13 It promised to be the next great shale play, but an oil-and-gas-rich area of central and south Oklahoma has confounded many of the producers lured there, with one of its biggest champions warning that its business may struggle to survive.