| Encana reports 2Q loss | |
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CALGARY, Alberta (AP) _ Encana Corp. (ECA) on Thursday reported a loss of $601 million in its second quarter.
On a per-share basis, the Calgary, Alberta-based company said it had a loss of 71 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 10 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The energy company posted revenue of $364 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $775.3 million.
Encana shares have increased 57 percent since the beginning of the year. The stock has dropped 9 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECA at http://www.zacks.com/ap/ECA
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Keywords: Encana, Earnings Report
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Encana Corporation
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EXPLORATEUR |
CODE : ECA.TO |
ISIN : CA2925051047 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Encana est une société de production minière de pétrole et de gaz basée au Canada. Encana détient divers projets d'exploration au Canada. Son principal projet en exploration est BUFFALO HILLS au Canada. Encana est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 4,8 milliards CA$ (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. |