EnCana Newswire

Comprehensive Real-Time News Feed for EnCana.

Results 1 - 20 of 2,897 in EnCana

  1. Shareholder Alert: Brodsky & Smith, LLC Announces Investigation...Read the original story w/Photo

    6 hrs ago | Investor's Business Daily

    Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Athlon Energy Inc. relating to the proposed acquisition by Encana Corporation. . Click here to learn more about the investigation , or call: 877-534-2590.

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  2. Natural Gas Risk? Russia In ControlRead the original story w/Photo

    8 hrs ago | Barron's

    ... see natural gas prices improving fast from around $4 per million British thermal units. Canada natural gas producer Encana ( ECA ) said this week it will diversify into oil, with the acquisition of independent oil producer Athlon ( ATHL ). The ...

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  3. Encana announced purchase of $5.93 billion Permian Basin holdings in Texas from Athlon EnergyRead the original story

    9 hrs ago | County 10 News

    Encana Corporation, with significant natural gas holdings in Fremont County, has agreed to purchase Texas-based Athlon Energy, Inc. for $5.93 billion in cash, according to a news release from the Alberta, Canada-based firm. Encana also agreed to assume Athlon's $1.15 billion in senior notes, for a total transaction value of 7.1 billion.

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  4. Three top stock picks from ValueTrend's Keith RichardsRead the original story w/Photo

    10 hrs ago | Globe and Mail

    ... stock at the current price for a while. This, like YUM, is an opportunistic point to buy a good stock on a pullback. Encana is the only energy stock we have left, after selling Enerplus a few weeks ago. It's also probably one of the only ones we ...

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  5. Robbins Arroyo LLP: Acquisition of Athlon Energy Inc. (ATHL) by...Read the original story w/Photo

    10 hrs ago | GlobeNewswire

    Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Athlon Energy Inc. by Encana Corporation. On September 29, 2014, Encana announced that the two companies signed a definitive merger agreement pursuant to which Encana will acquire all outstanding shares of Athlon for $58.50 per share in cash.

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  6. Encana Completes Sale of Its Bighorn Assets in Alberta for US$1.8 BillionRead the original story w/Photo

    11 hrs ago | Market Wire

    The sale includes approximately 360,000 net acres of land along with all of Encana's working interests in pipelines, facilities and service arrangements related to the Bighorn properties. Encana Corporation Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids .

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  7. Encana Stock Rating Reaffirmed by ScotiabankRead the original story

    11 hrs ago | AmericanBankingNews.com

    's stock had its "sector perform" rating reaffirmed by equities researchers at Scotiabank in a research report issued on Tuesday. Encana traded down 1.76% during mid-day trading on Tuesday, hitting $21.21.

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  8. PrairieSky Royalty Stock Rating Reaffirmed by ScotiabankRead the original story

    12 hrs ago | AmericanBankingNews.com

    ... September 30th will be paid a dividend of $0.1058 per share. PrairieSky Royalty Ltd. is a wholly owned subsidiary of Encana Corporation. The Company focuses to provide investors with the opportunity to invest in a royalty business, which includes ...

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  9. What Does Encana's Acquisition Say About The Return Potential Of Its Existing Asset Base?Read the original story w/Photo

    17 hrs ago | Seeking Alpha

    The transaction wipes out Encana's cash resource that could have been directed at an accelerated development of the company's existing vast asset base. In my note several weeks ago , I wrote about the risk associated with Encana's recent divestiture mega-series and the $6+ billion cash pile that it created: The large cash balance represents an obvious risk: a major acquisition or several acquisitions by Encana appear almost inevitable.

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  10. Encana Corporation and PrairieSky Royalty Complete $2.6 Billion Secondary OfferingRead the original story

    19 hrs ago | Hispanic Business

    The Offering was made on a bought deal basis through a syndicate of underwriters co-led and joint bookrun by royalty business and the successful closing of the secondary offering marks a major milestone of the strategy we announced last November. The proceeds significantly increase the strength of our already healthy balance sheet, leaving us well positioned as we continue to aggressively pursue our strategy,' says President & CEO.

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  11. RBC Capital Raises Encana Price Target to $33.00Read the original story

    21 hrs ago | AmericanBankingNews.com

    ... RBC Capital's target price would suggest a potential upside of 52.85% from the stock's previous close. Shares of Encana ( NYSE:ECA ) opened at 21.59 on Tuesday. Encana has a 1-year low of $16.97 and a 1-year high of $24.83. The stock's 50-day moving ...

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  12. Encana Acquires Athlon Energy: Permian Offers Long-Term GrowthRead the original story w/Photo

    23 hrs ago | Seeking Alpha

    Encana Monday acquired AthlonEnergy for $58.50/share, a 25% premium to last Friday's close and implying a market cap of $5.93b. ECA will assume ATHL's $1.15b of debt for a total transaction value of $7.1b.

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  13. PrairieSky Royalty Announces Change to the Board of DirectorsRead the original story

    Yesterday | Canada NewsWire

    Ms. Brillon was a nominee to the PrairieSky Board of Directors under the Governance Agreement with Encana Corporation , which terminated upon closing of the previously announced secondary offering by Encana of its remaining share position in PrairieSky. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties.

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  14. Most actively traded companies on the TSXRead the original story

    Yesterday | Lifestyles

    Bombardier Inc. (TSX:BBD.B). Aerospace. Up 11 cents, or 3.03 per cent, to $3.74 on 8.4 million shares. Encana Corp. (TSX:ECA). Oil and gas. Up 47 cents, or 1.99 per cent, to $24.06 on 7 million shares. The company is buying Athlon Energy in a US$7.1 ...

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  15. Athlon Energy downgraded to Hold from Buy at CanaccordRead the original story

    Tuesday Sep 16 | Theflyonthewall.com

    ... Athlon Energy (ATHL) rose $11.59, or 24.8%, to $58.32 after striking a deal to be bought by Canadian energy giant Encana (ECA), which also gained 46c, or 2.18%, to $21.59 following the deal announcement. Among the noteworthy losers was Civeo ...

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  16. 's M&A Chatter for Monday September 29, 2014Read the original story w/Photo

    Yesterday | Benzinga

    ... than 35% of Einstein Noah Restaurant Group, has agreed to tender its shares in support of the transaction. The Deal : Encana Corporation (NYSE: ECA ) and Athlon Energy Inc. (NYSE: ATHL ) announced Monday, that the companies have agreed that Encana ...

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  17. Encana Corp. to pay $5.93B for Fort Worth-based Athlon EnergyRead the original story w/Photo

    Yesterday | Dallas Morning News

    Encana Corp. agreed to pay $5.93 billion for Athlon Energy Inc., gaining a foothold in a Texas oil field with soaring output in the biggest announced purchase of a U.S. crude and natural gas producer by a Canadian company. The $58.50-a-share cash acquisition represents a 25 percent premium to Athlon's closing price on Friday, Encana said Monday in a prepared statement.

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  18. Legacy Reserves: RBC Capital's Top High Yield Upstream PlayRead the original story w/Photo

    Yesterday | Seeking Alpha

    ... oil production and 67% of its natural gas production hedged through 2014 at favorable prices. I would also add that Encana's (NYSE: ECA ) acquisition of Athlon Energy (NYSE: ATHL ) for over $7 billion today showed the value of acreage in the Permian ...

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  19. Encana acquires Athlon Energy for $7.1bRead the original story w/Photo

    Yesterday | The Chronicle Herald

    Encana Corp. is speeding along plans to shift its focus toward lucrative liquids with a US$7.1-billion deal to buy Athlon Energy Inc. , giving it an entry into the oil-rich Permian formation in Texas. The acquisition of Athlon Energy announced Monday includes nearly US$6 billion in cash and the assumption of more than US$1billion in debt.

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  20. Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf ...Read the original story

    Yesterday | Customer Interaction Solutions

    Kirby McInerney LLP is investigating potential claims against Athlon Energy Inc. concerning the proposed acquisition of the Company by Encana Corporation . Under the terms of the deal, Athlon stockholders will receive $58.50 in cash for each share of Athlon common stock they own.

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