Encana Corp. Chief Executive Officer Doug Suttles says drillers in Texas's prolific Permian Basin can no longer impress investors with how much acreage they're snapping up or how quickly they're boosting production.
Encana Corp, which holds its investor day on Wednesday, rose 2.8 per cent to $14.70. At 11:26 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 9.70 points, or 0.05 per cent, at 15,807.20.
On Wednesday, Shares of Encana Corporation (NYSE: ECA) expressed a change of 3.68% and is currently trading at $11.84. The stock exchanged hands with 17,837,886 numbers of shares compared to its average daily volume of 12.19M shares.
Canadian shale driller Encana (NYSE:ECA) has engineered a remarkable turnaround over the past couple of years. The company sold low-margin, growth-constrained gas assets and used that cash to buy higher margin, growth-focused oil assets as well as ...
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.37 per cent, to $2.72 on 24.2 million shares. Encana Corp. (TSX:ECA). Oil and gas. Up 40 cents, or 2.80 per cent, to $14.70 on 9.1 million shares. DREAM Unlimited Corp.
Encana Corp. will update its five-year plan at its investor day on Wednesday. In a release ahead of the session, Encana said it expects to deliver leading corporate retuns, strong cash flow and substantial free cash flow.