Tags » EnCana Corporation

The newbie PrairieSky Royalty meets veteran Freehold Royalty

Given that it’s brought two multi-billion equity financings to the market in less than four months, attention is, naturally enough, focused on PrairieSky Royalty. In a short period, a new company with a market cap of $4.6-billion has been formed – a valuation that didn’t occur when the same assets and the same business model were part of Encana Corp. 466 more words

FP Street

Encana Corp gets PrairieSky $2.6-billion deal done and adds two new bookrunners

“We haven’t had a week like this since, er, June.”
That comment made by an investment banker the morning after Encana Corp. completed the sale of its 54% interest PrairieSky Royalty Ltd.  374 more words

Energy

Encana to sell controlling stake in PrairieSky Royalty Ltd for $2.6-billion

For the second time in less than four months, PrairieSky Ltd., a royalty-focused company that generates revenues as petroleum and natural gas are produced from its properties, is undertaking a multi-billion dollar equity financing. 365 more words

Investing

Stantec's new tower is great news for Edmonton; too bad the rest of the country ignored it

Stantec’s plan to build a massive new 62-storey tower in the new Edmonton Arena District is great news for our city.

With a market cap of $3.4 billion, the professional services consulting giant is the largest and most valuable publicly traded company in the city. 271 more words

Edmonton

Encana CEO says turnaround ahead of schedule

CALGARY — Encana Corp.’s strategic overhaul is one or two years ahead of schedule, CEO Doug Suttles said Thursday as the energy giant hiked its cash flow and liquids production targets for the year. 519 more words

Energy