Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Encana Corporation T.ECA

Encana is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2018, the company reported net proven reserves of 726 million barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2018 at a ratio of 43% oil and natural gas liquids and 57% natural gas.


TSX:ECA - Post by User

Post by PeterPPon Jul 30, 2020 5:17pm
316 Views
Post# 31346563

Not Bad Q2

Not Bad Q21. During one of the toughest times in our industry, we adjusted rapidly and generated free cash of more than $50 million in the second quarter.

2.
Our second quarter achievements have strengthened our 2020 original scenario. We lowered total capex and raised fourth quarter average production. We are on track for our 2020 stay flat scenario that generates free cash inclusive of our dividend at a modest $35 oil priced. 

3.
We have extremely high confidence that our objectives to lower well cost by 20% over the next six quarters will be achieved very soon. 
<< Previous
Bullboard Posts
Next >>