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Reuters reported that Encana Corp (NYSE:ECA), Nexen Inc (NYSE:NXY), Cenovus Energy Inc (TSX:CVE) announced their first-quarter earnings.
Reuters reported that Encana Corp (NYSE:ECA), Nexen Inc (NYSE:NXY), Cenovus Energy Inc (TSX:CVE) announced their first-quarter earnings.
As quoted in the market news:
Profit at Nexen Inc, which is working to iron out operational bugs after a disappointing 2011, was lower than expected. But production is meeting forecasts as major projects such as the Long Lake oil sands venture in Alberta and Buzzard oil field in the North Sea run more reliably.