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CALGARY, Alberta (AP) _ Encana Corp. (ECA) on Wednesday reported a fourth-quarter loss of $612 million, after reporting a profit in the same period a year earlier.
The Calgary, Alberta-based company said it had a loss of 72 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were 13 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The energy company posted revenue of $1.03 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.14 billion.
For the year, the company reported a loss of $5.17 billion, or $6.28 per share, swinging to a loss in the period. Revenue was reported as $4.42 billion.
The company's shares closed at $3.01. A year ago, they were trading at $13.18.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECA at http://www.zacks.com/ap/ECA
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Keywords: Encana, Earnings Report
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Encana Corporation
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EXPLORATEUR |
CODE : ECA.TO |
ISIN : CA2925051047 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Encana est une société de production minière de pétrole et de gaz basée au Canada. Encana détient divers projets d'exploration au Canada. Son principal projet en exploration est BUFFALO HILLS au Canada. Encana est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 4,8 milliards CA$ (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. |