Reorganization expected to be completed on or about January 24, 2020 Encana Corp. today announced that the Court of Queen's Bench of Alberta has granted a final order approving the previously announced plan of arrangement, which forms part of a series of proposed reorganization transactions , in order for the company to: establish its corporate domicile in the U.S.; rebrand under the name Ovintiv Inc. ; and complete a [...]
Following the approval of the reorganization resolution by Encana Corp. shareholders and subject to the receipt of all regulatory approvals, Encana Corp. will have a domicile change, share consolidation, and rebrand under the name Ovintiv Incorporated. Pending regulatory approvals are met, for index purposes, the new domicile will be updated to the United States effective the open of January 24, 2020. Encana Corp. will be [...]
Encana Corp. today provided participant details for its upcoming Anadarko Basin conference call and webcast: TIME/DATE: 2:30 p.m. MT, Wednesday, January 29, 2020 DIAL IN DETAILS: 211-4955 or 427-7450 SLIDE DECK: Slides available at www.encana.com under Investors/Presentations and Events immediately after market close on Jan. 29 What to expect: A detailed review of key operational accomplishments over the last year in the [...]
Company receives securityholder approval to be rebranded as Ovintiv and become domiciled in the United States Encana Corp. today announced that its securityholders voted in support of the reorganization resolution, in order to: establish the company's corporate domicile in the U.S.; rebrand under the name Ovintiv Inc. ; and complete a consolidation and share exchange for effectively one share of common stock of Ovintiv [...]
Company receives securityholder approval to be rebranded as Ovintiv and become domiciled in the United States Encana Corp. today announced that its securityholders voted in support of the reorganization resolution, in order to: establish the company's corporate domicile in the U.S.; rebrand under the name Ovintiv Inc. ; and complete a consolidation and share exchange for effectively one share of common stock of Ovintiv [...]
Schedules January 14, 2020 Special Meeting of Securityholders Encana Corp. today filed its definitive Proxy Statement/Prospectus with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities related to its intention to establish corporate domicile in the United States. The Special Meeting of Securityholders is planned for January 14, 2020 at 8 a.m. MT. Encana shareholders and incentive [...]
Company in strong disagreement with Letko's conclusions and reiterates its shareholder value rationale Encana Corp. today issued a statement in strong disagreement to Letko's news release earlier today titled: "Letko Brosseau Will Vote Against Encana's Proposed Exit from Canada." "We were disappointed by Letko's release earlier today stating its opposition to our recent decision to establish Encana's corporate domicile in [...]
Company to rebrand and change name Encana Corp. today announced its intention to establish corporate domicile in the United States. The move, which requires shareholder, stock exchange and court approval, is expected to occur in early 2020. As part of this process, the new company will rebrand under the name Ovintiv Inc. Additional information will be available on the Company's third quarter 2019 financial and operating [...]
Company continues to generate significant free cash flow through capital discipline and strong operational performance Third quarter 2019 highlights: Financial performance driven by strong liquids production and cost focus. Net earnings of $149 million, or $0.11/share, with non-GAAP operating earnings of $195 million, or $0.15/share. Cash from operating activities of $756 million with non-GAAP cash flow of $817 million [...]
– Encana Corp. plans to release its 2019 third quarter financial and operating results prior to market open on Thursday, October 31, 2019. In addition, accompanying slides and financial statements will be available on the Company's website at www.encana.com under Investors/Presentations & Events. A conference call and webcast to discuss the 2019 third quarter results will be held the same day at 7 a.m. MT . To [...]
Encana Corp. today announced changes to its Executive Leadership Team, including the promotion of Michael McAllister to president, Brendan McCracken to executive vice president – corporate development and external relations and Greg Givens to chief operating officer. These changes are effective immediately. "Today's news recognizes the important contributions that these leaders have had on the success of Encana [...]
Encana Corp. today announced the final results of its substantial issuer bid under which it has accepted to purchase for cancellation 47,333,333 of its common shares at a purchase price of US$4.50 per Share, for an aggregate purchase price of approximately US$213 million. Shares purchased under the Offer represent approximately 3.5% of the issued and outstanding Shares at the time that the Offer was commenced. Based on [...]
+30,00 %
-30,71 %
