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Cenovus shares fall in early Tuesday trading after announcing more asset sales, CEO's retirement

Cenovus Energy shares fell more than 10 per cent in early trading on Tuesday after the oil company announced plans for more asset sales, deeper cost cutting and the coming retirement of CEO Brian Ferguson. 272 more words


Encana selling Colorado natural gas unit to Denver company in US$735 million deal

Encana Corp. has a deal to sell its Piceance natural gas assets in Colorado for US$735 million cash to Caerus Oil and Gas LLC of Denver. 126 more words


Encana's first-quarter profit beats analyst estimates

Encana Corp. is reporting strong first-quarter results, including profits that whizzed past analyst estimates.

The Calgary-based company, which reports in U.S. currency, had $431 million of net income, or 44 cents per share. 148 more words


Alberta woman can't sue province's energy regulator in fracking case: Supreme Court

The Supreme Court of Canada says an Alberta woman cannot sue the province’s energy regulator as part of her claim that hydraulic fracturing so badly contaminated her well that the water can be set on fire. 111 more words


Calgary-based Encana expects 2017 profit margin will be 25% higher than projected

Encana Corp. says it’s even more optimistic about its prospects in 2017 than it was a few months ago.

The Calgary-based oil and gas company now expects its corporate profit margin to be above US$10 per barrel of oil equivalent. 55 more words