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    market news

    Encana’s Q3 Earnings Drop

    Investing News Network
    Oct. 24, 2012 08:31AM PST
    Oil and Gas Investing

    Bloomberg reported that natural gas supplier Encana’s Q3 earnings fell, pressured down by declining fuel prices.

    Bloomberg reported that natural gas producer Encana’s Q3 earnings fell, pressured down by declining fuel prices.

    As quoted in the market report:

    Encana, which had been curtailing output because of low prices, said it began returning production at shut-in wells in August and volumes are “now largely restored.” The company affirmed its 2012 production guidance of 3 billion cubic feet a day.

    To view the whole Bloomberg report, click here.

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