CALGARY, Alberta, Feb. 26, 2018 -- Encana Corp. announced today that the Toronto Stock Exchange has accepted its notice of intention to commence a normal course issuer bid through which Encana may spend up to US$400 million to purchase up to 35,000,000 common shares during the 12-month period commencing February 28, 2018 and ending February 27, 2019. The number of shares authorized for purchase represents approximately [...]
CALGARY, Alberta, Feb. 15, 2018 -- Encana delivered outstanding financial and operating results in the fourth quarter to close a year of strong, consistent performance. The company met or exceeded its 2017 guidance targets, generated net earnings of $827 million, cash from operating activities of $1.1 billion and expanded its non-GAAP cash flow margin by 81 percent from 2016. Encana is positioned to meet or exceed the [...]
CALGARY, Alberta, Feb. 08, 2018 -- Encana Corp. will release its 2017 fourth quarter and year-end results on Thursday, February 15, 2018. The news release detailing Encana's 2017 fourth quarter and year-end 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 2017 fourth quarter and year-end results will be [...]
CALGARY, Alberta, Jan. 09, 2018 -- Encana delivered strong performance through the fourth quarter of 2017 to close another year successfully executing its strategy, delivering significant oil and condensate growth and driving additional efficiency gains. Supported by the strong finish to 2017, the company is firmly on track to meet or exceed the targets in the five-year plan shared at its Investor Day in October 2017 [...]
CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Encana’s (TSX:ECA) (NYSE:ECA) performance through the third quarter, coupled with significant oil and condensate growth through October in the Permian and Montney, reflects the strong execution of its strategy and five-year plan. Driven by innovation, low costs and a higher value production mix, Encana expects to grow its non-GAAP corporate margin to around $11 per [...]
CALGARY, Alberta, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Encana Corp. (TSX:ECA) (NYSE:ECA) will release its 2017 third quarter results on Wednesday, November 8, 2017. The news release detailing Encana's 2017 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 2017 third quarter results will be held [...]
CALGARY, Alberta, Oct. 18, 2017 (GLOBE NEWSWIRE) -- (TSX:ECA) (NYSE:ECA) At today’s Investor Day in New York City, Encana President & CEO Doug Suttles, along with members of the executive and management teams, will outline the company’s relentless focus on creating value and its updated five-year plan. “Successful execution of our strategy and strong performance through 2017 has set the stage for the [...]
CALGARY, Alberta, Oct. 13, 2017 (GLOBE NEWSWIRE) -- (TSX:ECA) (NYSE:ECA) Encana Corp. will hold its 2017 Investor Day at the New York Stock Exchange on Wednesday, October 18, 2017 at 8 a.m. ET (6 a.m. MT). The event will feature presentations from members of Encana’s executive and management teams on the company’s core assets and longer-term strategic outlook. The live and archived webcast of Encana’s [...]
CALGARY, Alberta, Oct. 05, 2017 (GLOBE NEWSWIRE) -- (TSX:ECA) (NYSE:ECA) Encana successfully started up the Sunrise processing plant on September 27, under budget and more than one month ahead of original schedule. Sunrise is the second of three processing plants that support Encana’s condensate-focused growth plan in the Montney. In parallel with the Sunrise and Tower facilities ramping up, the third plant, Saturn [...]
CALGARY, Alberta, Sept. 27, 2017 (GLOBE NEWSWIRE) -- Encana (TSX:ECA) (NYSE:ECA) successfully started up the Tower processing plant ahead of schedule and under budget on September 20. The plant is the first of three Veresen Midstream facilities that support Encana's condensate-focused growth plan in the Montney. The Tower facility is in the process of ramping up. The two other new plants, Sunrise and Saturn, are also [...]
CALGARY, Alberta, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Doug Suttles, Encana (TSX:ECA) (NYSE:ECA) President & CEO, will be presenting at the Barclays CEO Energy-Power Conference in New York City on Thursday, September 7, 2017 starting at 9:05 a.m. ET (7:05 a.m. MT). The presentation will last approximately 35 minutes. The live and archived webcast will be available on Encana’s website or can be accessed directly from [...]
CALGARY, Alberta, July 26, 2017 (GLOBE NEWSWIRE) -- Encana Corp. (TSX:ECA) (NYSE:ECA) (Encana) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its Piceance natural gas assets, located in northwestern Colorado, to Denver-based Caerus Oil and Gas LLC (Caerus). BMO Capital Markets served as Encana's financial advisor and Davis, Graham & Stubbs [...]