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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: Suite 370 - 17Th Street, Suite 1700
Tel: N/A
IR: See website
Key People
Clayton Harvey Woitas
Independent Chairman of the Board
Michael Andrew Williams
Executive Vice President - Corporate Services
Michael Gerard McAllister
Douglas James Suttles
Chief Executive Officer, Director
Corey Douglas Code
Chief Financial Officer, Executive Vice President
Gregory Dean Givens
Chief Operating Officer, Executive Vice President
Joanne Linette Alexander
Executive Vice President, General Counsel, Corporate Secretary
Renee Ellen Zemljak
Executive Vice President of Midstream, Marketing and Fundamentals
David G. Hill
Executive Vice President - Land and Exploration
Brendan Michael McCracken
Executive Vice President - Corporate Development and External Relations
Business Overview
Ovintiv Inc., is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company's operations also include the marketing of natural gas, oil and NGLs. It operates through three segments: Canadian Operations, USA Operations and Market optimization. Its Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. Its Canadian operations include Montney in northeast British Columbia and northwest Alberta and Duvernay in west central Alberta. The USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. The Market Optimization activities are primarily responsible for the sale of the Company's production to third party customers.
Financial Overview
For the six months ended 30 June 2020, Ovintiv Increvenues increased 2% to $3.37B. Net loss totaled $3.96Bvs. income of $91M. Revenues reflect Market Optimizationsegment increase of 34% to $770M, Market Optimizationsegment increase of 34% to $770M, Oil Equivalent Production(B/d)-USA increase of 5% to 313K barrels per day. Net lossreflects USA Operations segment loss totaling $3.28B vs.income of $764M.
Employees: 2,571 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $10,718M as of Jun 30, 2020
Annual revenue (TTM): $6,805M as of Jun 30, 2020
EBITDA (TTM): $2,736M as of Jun 30, 2020
Net annual income (TTM): -$3,819M as of Jun 30, 2020
Free cash flow (TTM): -$111.00M as of Jun 30, 2020
Net Debt Last Fiscal Year: $7,402M as of Jun 30, 2020
Shares outstanding: 259,860,778 as of Aug 17, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization