FirstEnergy Capital Upgrades EnCana Corp. (ECA) to Outperform

Go back to FirstEnergy Capital Upgrades EnCana Corp. (ECA) to Outperform

Encana Delivers Better Wells, Lower Costs and Increased Well Inventory

July 24, 2015 6:00 AM EDT

CALGARY, AB -- (Marketwired) -- 07/24/15 -- Strong second quarter operational performance helped Encana (TSX: ECA) (NYSE: ECA) deliver its seventh consecutive quarterly increase in liquids volumes since launching its strategy to grow high-margin production. A focused and front-end loaded capital program has positioned the company to accelerate liquids production growth in the second half of 2015. Highlights include:

liquids production of approximately 127,300 barrels per day (bbls/d), up 87 percent year-over-year over 80 percent of capital... More