TORONTO July 24 (Reuters) - EnCana Corp said on Thursday its second-quarter
fell 16 percent due mostly to a $235 million after-tax loss related to risk
management activities, but boosted its 2008 cash flow outlook buoyed by soaring
natural gas production.
EnCana, which is preparing to split into two separate oil and gas producers,
earned $1.22 billion, or $1.63 a share for the quarter ended June 30, down from
year-earlier $1.45 billion, or $1.89 a share.
($1=$1.01 Canadian)
(Reporting by Scott Anderson; Editing by Ka Yan Ng) Keywords: ENCANA/RESULTS
tf.TFN-Europe_newsdesk@thomsonreuters.com
rw
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|