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Stock impact report

Encana posts second-quarter profit as production rises [Reuters]

ENCANA (ECA) 
Last encana earnings: 10/31 06:30 am Check Earnings Report
Company Research Source: Reuters
Encana posts second-quarter profit as production rises July 31 (Reuters) - Canadian oil and gas producer Encana Corp posted a quarterly profit on Wednesday, compared with a year-earlier loss, boosted by higher production. The Calgary-based company’s net income was $336 million in the second quarter ended June 30, compared with a loss of $151 million a year earlier, during which it booked a non-cash charge. Total pro forma oil and gas production rose about 11% to 591,800 barrels of oil equivalent per day (boe/d) in the quarter. (Reporting by Taru Jain in Bengaluru; Editing by Anil D’Silva) Our Standards: The Thomson Reuters Trust Principles. Show less Read more
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