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Where Independent Traders, Investors, and Dribblers Thrive
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Encana healthy growth in a low oil price environment
The only downfall an investor could have with Encana is the dividend.
Dividend 0.06
Dividend % 0.51%
but this is a turn around story, that is playing out very well
and ahead of schedule
Agree they survived well through last few years minefield and the fact they are O&G paying a dividend is a good sign. In good times that should go up as they have done most of the hard work.
The Sunrise Sweet Gas Plant was completed 1-month ahead of schedule and is the 2nd of 3 plants Encana is bringing online before year-end. The plant adds 400 Mmcf/d of processing capacity to the Montney region. The processing plant will deliver to TransCanada’s NGTL system.
Source: Criterion Research
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