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Encana Corporation (T:ECA)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 370 - 17Th Street, Suite 1700
Tel: N/A
IR: See website
Key People
Brendan Michael Mccracken
Douglas James Suttles
Chief Executive Officer, Director
Corey Douglas Code
Chief Financial Officer, Executive Vice President
Joanne Linette Cox
Executive Vice President, General Counsel, Corporate Secretary
Renee Ellen Zemljak
Executive Vice President of Midstream, Marketing and Fundamentals
Business Overview
Ovintiv Inc is a resource company. The Company is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company's operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company operates through segments such as USA Operations, Canadian Operations and Market Optimization. The USA Operations include the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Its Canadian operations include Montney in northeast British Columbia and northwest Alberta. The Market Optimization activities are responsible for the sale of the Company's production to third party customers.
Financial Overview
For the six months ended 30 June 2021, Ovintiv Increvenues increased 5% to $3.53B. Net income totaled $104Mvs. loss of $3.96B. Revenues reflect Market Optimizationsegment increase of 82% to $1.4B, Canadian Operationssegment increase of 48% to $1.09B, Market Optimizationsegment increase of 82% to $1.4B, Canada segment increaseof 48% to $1.09B, Oil Equivalent Production (B/d)-Canincrease of 19% to 268K barrels per day.
Employees: 1,916 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $16,004M as of Jun 30, 2021
Annual revenue (TTM): $6,248M as of Jun 30, 2021
EBITDA (TTM): $1,496M as of Jun 30, 2021
Net annual income (TTM): -$2,031M as of Jun 30, 2021
Free cash flow (TTM): $1,265M as of Jun 30, 2021
Net Debt Last Fiscal Year: $5,602M as of Jun 30, 2021
Shares outstanding: 261,084,425 as of Jul 23, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization