CBS News reported that Encana Corp. (NYSE:ECA) lost $1.48 billion in its second quarter.

As quoted in the market news:

Encana shares fell 63 cents, or 3.1 percent, to $19.75 in midday trading. In the past year, the shares have ranged from a low of $17.02 in January to a peak of $30.27 in July 2011.

Click here to read the full CBS News report.