5 Things Encana Corp's CEO Wants You to Know That Demonstrate Its Ability to Thrive at Current Prices
Encana (NYSE: ECA) recently reported blowout second-quarter results. Heading into the quarter, analysts expected that it would earn $0.04 per share. However, it blew past that estimate by posting a $0.34-per-share profit thanks to robust growth in higher-margin liquids production and lower costs. As a result, the company is already well ahead of pace for its five-year plan after just a couple of quarters.
Those results led CEO Doug Suttles to point out during the earnings call several notable achievements that demonstrate the company's ability to thrive at lower oil and gas prices. Here are five things he said that prove this point.
Image source: Getty Images.
Source: Fool.com
Devon Energy Corp. Aktie
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