Encana Corp. (
TSX: T.ECA,
NYSE: ECA,
Forum) on Friday said performance through the second quarter has put the company well ahead in the first year of its five-year plan.
The company posted net earnings of US$331 million in the second quarter, compared to a loss of $601 million in the second quarter of 2016.
“Our results highlight our resilience and demonstrate that we can deliver quality corporate returns through the commodity cycle,’’ said Encana President and CEO Doug Suttles.
More information can be found
here.
Encana shares jumped 1.23% to $12.32 on Friday.