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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

Comment by autofocus111on Jun 08, 2021 6:25pm
233 Views
Post# 33352419

RE:RE:Suttles is out!

RE:RE:Suttles is out!I'm okay with hedging up to 50% of liquids production.  It saved their azzzzes big time last year. And hedges were necessary when taking on new debt from the NFX acquisition. Hopefully they'll ease back on natgas hedges though - those run close to 100%. Agree about asset transaction timing... right assets at the wrong times. I certainly won't any shed tears the loss of Suttles that's for sure.
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