Encana Cuts 2016 Spending By 25 Per Cent And Reduces Dividend; Budget To Focus On Four Core Areas

Encana Corporation will throttle down 2016 capital spending by more than 25 per cent to between US$1.5 billion to $1.7 billion and will reduce its annual dividend by almost 80 per cent to six cents per share from 28 cents per share.


Continue Reading.
Start a Free Trial

Canada’s most trusted and comprehensive source of oil and gas industry insight and intelligence.

Start a free trial Start your free trial

Enjoy a 14 day free trial and see the benefits:

  • 3X Daily News Briefs
  • Oilsands Data
  • Interactive Data Dashboards
  • Infographics
  • And more

Your company may have purchased an enterprise-wide subscription for the Daily Oil Bulletin.