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Encana Corp

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  • WASHINGTON— If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. At $2.74 a gallon, the average price of gas nationwide is nearly $1 lower than it was a year ago. Consider what Federal Reserve Chair Janet Yellen said in December: Lower gas prices, Yellen declared, are "certainly good for...

  • WASHINGTON— If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. At $2.71 a gallon, the average price of gas nationwide is nearly $1 lower than it was a year ago. Consider what Federal Reserve Chair Janet Yellen said in December: Lower gas prices, Yellen declared, are "certainly good for...

  • May 12- Encana Corp, Canada's largest natural gas producer, posted a surprise quarterly operating profit as investments in technology to lower well costs and increase production begin paying off. Encana has been diversifying into oil production and has invested heavily in technology and drilling techniques, such as applying simultaneous drilling and...

  • Canada's Encana posts 98 pct drop in operating profit Tuesday, 12 May 2015 | 6:12 AM ET

    The Calgary- based company's operating profit, which excludes most one-time items, fell to $9 million, or 1 cent per share, in the first quarter ended March 31, from $515 million, or 70 cents per share, a year earlier.

  • HOUSTON/ NEW YORK May 7- SandRidge Energy Inc is the target of a federal grand jury probe concerning violations of antitrust law related to the leasing of oil and gas properties, the company said in a regulatory filing on Thursday. The Oklahoma City, Oklahoma- based company said the transactions subject to the government's inquiry date from 2012 and prior years,...

  • HOUSTON, April 24- Aubrey McClendon, the former CEO of Chesapeake Energy Corp, is under investigation by the U.S. Department of Justice for potential antitrust violations related to leasing oil and gas properties, according to a regulatory filing by a new business venture he helps run. "In connection with the formal investigation of Chesapeake in 2012 by the U.S....

  • After-hours buzz: Vivint, H&R Block, Encana & more Wednesday, 4 Mar 2015 | 5:20 PM ET
    NYSE New York Stock Exchange traders markets

    Check out which companies are making headlines after the bell Wednesday: Vivint Solar, H&R Block, Encana & more.

  • Lightning Round: This is back in renaissance mode Thursday, 26 Feb 2015 | 7:04 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • CALGARY, Alberta, Feb 25- Encana Corp, Canada's largest natural gas producer, slashed its 2015 capital budget by a quarter on Wednesday in response to a slump in global crude oil prices. Encana said it will spend between $2 billion and $2.2 billion in 2015, down from the original budget of $2.8 billion announced in December. Chief Executive Officer Doug Suttles...

  • Feb 25- Encana Corp, Canada's largest natural gas producer, slashed its capital budget by a quarter for the year due to a slump in global crude oil prices. Encana posted an 84.5 percent drop in fourth-quarter operating profit as oil production rose but realized prices fell. Encana's operating profit, which excludes most one-time items, slumped to $35 million, or 5...

  • The Calgary- based company's operating profit, which excludes most one-time items, fell to $35 million, or 5 cents per share, in the three months ended Dec. 31, from $226 million, or 31 cents, a year earlier.

  • Cramer: Oil will get worse before improving Monday, 5 Jan 2015 | 6:31 PM ET
    Oil

    Those oil stocks sure look tempting, don't they? No way, says Jim Cramer. He discusses what to expect for 2015.

  • Dec 22- Canada's Encana Corp will sell some natural gas gathering and compression facilities in British Columbia it owns jointly with a unit of Mitsubishi Corp to Veresen Midstream LP. Veresen Midstream will provide gathering and compression services to Encana and Cutbank Ridge Partnership, its partnership with a Mitsubishi unit, for a fee.

  • The Santa Claus rally vs other trader lore Monday, 22 Dec 2014 | 10:09 AM ET
    Santa Claus at the New York Stock Exchange

    The Santa Claus Rally should not be confused with other seasonal phenomena, such as the "Free Lunch" and "January Effect."

  • CALGARY, Alberta, Dec 16- Encana Corp, Canada's largest natural gas producer, said on Tuesday it will boost capital spending next year to focus on its profitable shale oil fields, bucking an industry-wide move to cut spending as oil prices tumble. Encana, which is increasing oil and natural gas liquids production under the direction of Chief Executive Doug...

  • U.S. stock index futures indicated a higher start to Wall Street trade on Tuesday, with shares in Asia and Europe boosted.

  • Lightning Round: Athenahealth, Encana & More Monday, 12 May 2014 | 6:46 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Squawking $143B selfie and NY to Tokyo in 1 hour Thursday, 8 May 2014 | 2:46 PM ET
    Bill Gates, Charlie Munger and Warren Buffett participate in a "selfie" taken by CNBC's Becky Quick in Omaha. In a live interview, Buffett said based on his experiences with college students who visit Omaha, selfies are "all the rage." The estimated net worth of the three men in the picture: $143.1 billion.

    Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.

  • Early movers: DIS, WFM, AOL, EBAY & more Wednesday, 7 May 2014 | 7:48 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Freeport sheds TX shale assets in $3.1 bln deal Wednesday, 7 May 2014 | 7:32 AM ET

    Freeport-McMoRan is selling its Eagle Ford Shale assets in Texas to an Encana subsidiary for $3.1 billion.