|Encana Corporation - ECA.t is a leading North American energy producer focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. |
It was formed in 2002 and descends from the 19th century Canadian Pacific Railway and 'Canadian Pacific Oil and Gas'
The Globe and Mail reports in its Tuesday, April 10, edition that Dominion Securities analyst Greg Pardy continues to be bullish on EnCana ($10.80) despite the expectation for softer first quarter production results. The Globe's David Leeder writes in the Eye On Equities column that Mr. Pardy says the Calgary-based energy company's 2018 outlook remains in "good shape." Mr. Pardy now expects first quarter production to come in at 326,000 barrels of oil equivalent per day when it releases its financial results on May 1 before market open.