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Encana posts US$1.7-billion loss amid writedowns, lower prices for oil and gas

2015-05-12 14:47:14| Oil & Gas - Topix.net

Encana Corp. had a US$1.7-billion net loss in the first quarter and a 98 per cent drop in operating earnings as it felt the impact of lower oil and gas prices. Excluding those and other items, Encana had $9 million of operating earnings, which was better than analyst estimates but down from $515 million a year earlier.

Tags: posts prices lower loss

 

TSX to open little changed: China cuts growth target, Encana to tap markets

2015-03-06 06:59:37| Energy - Topix.net

The Toronto stock market looked set to open little changed amid lower expectations for Chinese economic growth and major news from the oilpatch. The Canadian dollar was slightly lower, down 0.08 of a U.S. cent to 80.46 cents.

Tags: open china changed growth

 
 

TSX to open little changed: China cuts growth target, Encana to tap markets

2015-03-05 19:54:24| Oil & Gas - Topix.net

The Toronto stock market looked set to open little changed amid lower expectations for Chinese economic growth and major news from the oilpatch. The Canadian dollar was slightly lower, down 0.08 of a U.S. cent to 80.46 cents.

Tags: open china changed growth

 

Encana Doubles Down On Ill-Timed Oil Deals

2015-03-02 10:19:06| IT Services - Topix.net

From Texas, I mostly cover the energy industry and the tycoons who control it. I joined Forbes in 1999 and moved from New York to Houston in 2004.

Tags: deals oil doubles encana

 

Encana operating profit falls on low gas volumes, oil prices

2015-02-26 04:57:05| Oil & Gas - Topix.net

Encana Corp , Canada's largest natural gas producer, reported an 84.5 percent drop in operating profit for the fourth quarter, hurt by a fall in natural gas production and weak oil prices. The Calgary-based company's operating profit, which excludes most one-time items, fell to $35 million, or 5 cents per share, in the three months ended Dec. 31, from $226 million, or 31 cents, a year earlier.

Tags: low prices operating gas

 

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