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Earnings news to weigh on TSX amid mixed bag from RBC, Encana, Magna
2015-02-25 16:38:38| Oil & Gas - Topix.net
The Toronto stock market was set for a lower open Wednesday amid a mixed batch of earnings news from some of Canada's biggest corporations. The Canadian dollar continued to head sharply higher a day after remarks from Bank of Canada governor Stephen Poloz that were interpreted as lessening chances of another rate cut.
Earnings news to weigh on TSX amid mixed bag from RBC, Encana, Magna
2015-02-25 16:14:15| Energy - Topix.net
The Toronto stock market was set for a lower open Wednesday amid a mixed batch of earnings news from some of Canada's biggest corporations. The Canadian dollar continued to head sharply higher a day after remarks from Bank of Canada governor Stephen Poloz that were interpreted as lessening chances of another rate cut.
Encana to sell several natural gas assets in British Columbia, Canada
2014-12-24 01:00:00| Hydrocarbons Technology
Encana has agreed to sell several natural gas gathering and compression assets supporting Montney development in the Dawson area of northeastern British Columbia, Canada, to Veresen Midstream Limited Partnership (Veresen Midstream).
Tags: canada
sell
natural
british
Encana: Unhedged But Undeterred
2014-12-23 16:01:07| Oil & Gas - Topix.net
Assuming average Nymex prices of $70 per barrel for oil and $4 per MMBtu for gas next year, Encana's shares are trading at ~3.3x 2015 estimated pre-hedge cash flow. The company has sufficient resources to execute its 2015 business plans without major curtailments even under a $55 oil/$3.50 gas scenario.
Tags: undeterred
encana
Encana announces deal for natural gas infrastructure in northeast B.C.
2014-12-23 03:52:51| Energy - Topix.net
Encana Corp. has announced a deal to sell some of its natural gas gathering and compression infrastructure in northeast B.C.'s Montney formation, while ensuring it can make use of those services on attractive terms for its future production in the region. Encana, which has a partnership with a unit of Japan's Mitsubishi Corp. in the Montney, has agreed to sell the assets to Veresen Midstream LP, a newly created 50-50 partnership between energy infrastructure company Veresen Inc. and investment firm Kohlberg Kravis Roberts & Co.
Tags: natural
deal
gas
infrastructure
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