Tags » EnCana Corporation

Why low oil prices may spoil the party for Encana CEO Doug Suttles

When Doug Suttles promised bold action last year to remake Encana Corp. into a winner, few would have anticipated the huge pace of change at the former Canadian energy powerhouse. 727 more words

Energy

Closing Bell: TSX closes higher amid pressure from lower oil, interest rate reassurance

TORONTO – The Toronto stock market closed higher Wednesday as traders were reassured about the pace of interest rate hikes in the U.S.

Here are the closing numbers… 726 more words

Investing

Encana Corp flees further from natural gas with $605-million sale of Clearwater assets to Ember Resources

CALGARY – Canada’s one-time largest natural gas producer Encana Corp. announced Wednesday  it was selling a further 180-million cubic feet of daily gas production for $605-million. 291 more words

Energy

Who might buy Canadian Natural Resources' royalty assets: PrairieSky or Freehold?

The scenario has been set up for winner-take-all, whereby one interested party with clout and enough resources can scoop in and buy one of the prize assets in the oil patch: the royalty assets held by Canadian Natural Resources. 487 more words

FP Street

Closing Bell: TSX extends losses amid another round of disappointing Chinese data

TORONTO — The Toronto stock market added to a string of sharp losses Monday as traders continued to opt for caution amid Chinese economic data that kept concerns elevated about global economic strength and the timing of U.S. 731 more words

Investing

What you need to know before markets open

U.S. stock index futures were lower on Monday, indicating Wall Street’s recent weakness would continue amid ongoing civil unrest in Hong Kong.

  • Equities have been volatile in recent sessions, with major indexes closing out their worst week in eight last week despite a sharp advance on Friday.
  • 269 more words
Investing

Encana Corp buys Texas producer Athlon Energy for $7.1-billion in shift to oil

CALGARY • Two days after closing the sale of its remaining stake in PrairieSky Royalty Ltd. for $2.6 billion, Encana Corp. used the cash it had on hand to strike the largest deal of the year in the Canadian energy sector. 704 more words

Energy