Fourth quarter and full-year 2018 highlights: Fourth quarter total production of 403,400 barrels of oil equivalent per day Fourth quarter liquids production grew more than 25 percent year-over-year, to 192,700 barrels per day Full-year total production of 361,200 BOE/d Full-year liquids production up 30 percent year-over-year to 168,100 bbls/d Generated full-year cash from operating activities of $2.3 billion; non-GAAP [...]
Encana announced today receipt of regulatory approvals for its planned $1.25 billion share buyback. On February 27, 2019, the Toronto Stock Exchange accepted its notice of intention to renew its normal course issuer bid through which Encana may purchase up to 149,425,839 common shares during the 12-month period commencing March 4, 2019 and ending March 3, 2020. The number of shares authorized for purchase represents 10 [...]
TSX, NYSE: ECA Encana Corp. plans to release its 2018 fourth quarter and year-end results and 2019 full-year guidance prior to market open on Thursday, February 28, 2019. The news release detailing Encana's 2018 fourth quarter and year-end results will provide operating and financial information. In addition, supplemental slides and financial statements will be available on the company's website, located at [...]
Encana Corp. announced today that it has completed its acquisition of Newfield Exploration Company in an all-stock transaction. “This acquisition creates North America’s premier resource company with large-scale positions in the core of the Permian, Anadarko and Montney,” said Doug Suttles, Encana President & CEO. “Our multi-basin portfolio provides tremendous investment optionality to deliver [...]
Encana Corp. and Newfield Exploration Company announced that the proposals necessary for the companies’ planned strategic combination were approved at the special shareholder meetings held today. The transaction will create North America’s premier resource company. The transaction is expected to close on February 13, 2019, subject to satisfaction of remaining customary closing conditions. Newfield stockholders [...]
TSX, NYSE: ECA Doug Suttles, Encana President & CEO, will be participating in a panel discussion at the Goldman Sachs Energy Conference in Miami, Florida, on Wednesday, January 9, 2019. The topic of the discussion, beginning at 8 a.m. ET, is Diversification, Discipline, Differentiation and Execution: Strategies for Large-Cap E&Ps. An updated corporate presentation from Encana will also be available the same day, January [...]
TSX, NYSE: ECA Encana Corp. announced today that its wholly-owned subsidiary, Encana Oil & Gas Inc., has completed the previously announced sale of its San Juan asset in New Mexico to Denver-based DJR Energy. “This transaction continues our track record of unlocking value from non-core assets,” said Doug Suttles, Encana President & CEO. “The proceeds from this sale add to our financial strength and [...]
Newfield Exploration Company today provided a slide deck with supplemental information regarding its previously announced combination with Encana Corp.. The slides can be found on the Company's website. Newfield Exploration Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Our U.S. operations are onshore and focus primarily on [...]
TSX, NYSE: ECA Encana delivered strong financial performance in the third quarter driven by significant liquids growth, high realized pricing and continued efficiencies. Financial and operating highlights from the quarter include: net earnings of $39 million cash from operating activities of $885 million, up 148 percent year-over-year non-GAAP free cash flow of $66 million; company is on track to generate full-year [...]
Encana Corp. and Newfield Exploration Company today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Newfield in an all-stock transaction valued at approximately $5.5 billion. In addition, Encana will assume $2.2 billion of Newfield net debt. The strategic combination will create a leading multi-basin company and has been unanimously [...]
TSX, NYSE: ECA Encana Corp. will release its 2018 third quarter results on Thursday, November 1, 2018. The news release detailing Encana's 2018 third quarter results will provide operating and financial information. Financial statements will be available on the company's website. A conference call and webcast to discuss the 2018 third quarter results will be held for the investment community the same day at 7 a.m. MT . To [...]
Encana Corp. , announced today that its wholly-owned subsidiary, Encana Oil & Gas Inc., has reached an agreement to sell its San Juan assets, located in New Mexico for US$480 million to Denver-based DJR Energy, LLC. “This transaction is consistent with our strategy and our objective of delivering quality returns to our shareholders. It adds to our financial strength and is aligned with our focus on maximizing the [...]
+23,69 %
-15,77 %
