| Encana reports 2Q loss | |
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CALGARY, Alberta (AP) _ Encana Corp. (ECA) on Friday reported a second-quarter loss of $1.61 billion, after reporting a profit in the same period a year earlier.
The Calgary, Alberta-based company said it had a loss of $1.91 per share. Losses, adjusted for non-recurring costs, were 20 cents per share.
The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The energy company posted revenue of $830 million in the period, also missing Street forecasts. Seven analysts surveyed by Zacks expected $1.16 billion.
Encana shares have fallen 38 percent since the beginning of the year. The stock has fallen 65 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECA at http://www.zacks.com/ap/ECA
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Keywords: Encana, Earnings Report
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Encana Corporation
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EXPLORATEUR |
CODE : ECA.TO |
ISIN : CA2925051047 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Encana est une société de production minière de pétrole et de gaz basée au Canada. Encana détient divers projets d'exploration au Canada. Son principal projet en exploration est BUFFALO HILLS au Canada. Encana est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 4,8 milliards CA$ (3,7 milliards US$, 3,3 milliards €). La valeur de son action a atteint son plus haut niveau récent le 23 novembre 2018 à 9,99 CA$, et son plus bas niveau récent le 24 janvier 2020 à 4,96 CA$. Encana possède 973 120 000 actions en circulation. |