Encana posts $331M US distinction for Q2 as prolongation expansion surges
Encana Corp. says a core operations will grow their prolongation even some-more than approaching this year, following a clever second entertain that enclosed a $331 million US net profit.
The Calgary-based oil and gas producer, that reports in U.S. currency, says a distinction amounted to 34 cents per share.
During final year’s second quarter, Encana had a $601 million US net loss, equal to 71 cents per share.
The association says it now expects 2017 prolongation from a core operations will be between 25 and 30 per cent above final year’s fourth entertain level.
Encana had formerly estimated a prolongation from core operations would grow 20 per cent or better.
Article source: http://www.cbc.ca/news/canada/calgary/encana-q2-2017-profit-report-1.4215788?cmp=rss