Encana (ECA) Tops Q2 EPS Views
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Encana Delivers Significant Efficiency Improvements With Strong Second Quarter Results
July 21, 2016 6:00 AM EDTCALGARY, AB -- (Marketwired) -- 07/21/16 --
Encana's relentless focus on execution excellence during the second quarter has driven another step change in efficiency improvements and returns. As a result, the company has lowered cash costs, such as transportation, processing and operating expenses, and improved capital efficiency in its updated 2016 guidance. Driven by efficiency improvements, Encana is also raising its 2016 production guidance. The company expects to use proceeds from announced dispositions to further strengthen its balance sheet and increase its... More
