8:40am ET
Energy
Encana Pays $5.9 Billion for Texas-Based Athlon Energy
Encana announced Monday morning that it has entered a definitive merger agreement with Athlon Energy for cash and assumption of the latter's debt.
Companies
EnCana Corp (USA)
$64.52
▲ $0.12 (+0.19%) today
Markets closed · 4:59pm ET
ECA Coverage
Page 6
4:34pm ET
Energy
Michigan Firm Sues Chesapeake, Encana for Bid-Rigging
ThinkstockNatural gas producers Chesapeake Energy Corp. (NYSE: CHK) and Encana Corp. (NYSE: ECA) are the targets of a federal civil suit by Northstar Energy, a Michigan oil and gas field developer, for…
12:13pm ET
Commodities & Metals
Steel Makers to Take Advantage of Cheap U.S. Natural Gas
ThinkstockLow prices for natural gas have led to lower demand for coal as a fuel for electricity generation and to wider margins for chemical products makers. Now it looks like the U.S.…
9:32am ET
Energy
Evidence of Collusion in Chesapeake, Encana E-mails — Reuters
Natural gas producers Chesapeake Energy Corp. (NYSE: CHK) and Encana Corp. (NYSE: ECA) are currently being investigated by the US Justice Department as a result of a report last month from Reuters…
6:05am ET
Media
Media Digest (7/3/2012) Reuters, WSJ, FT, Bloomberg
Bob Diamond, CEO of Barclays (NYSE: BCS), quits. (Reuters) Microsoft (NASDAQ: MSFT) takes a $6.2 billion write-off, primarily due to its buyout of aQuantive. (Reuters) The U.S. probe begins on whether Chesapeake…
11:32am ET
Energy
Exxon’s Natural Gas Confession Bad For All; Maybe An Earnings Warning? (XOM, CHK, BP, ECA, COP, DVN, EOG, APC, UPL, STR, UNG)
At a meeting in New York this morning, Exxon Mobil Corp. (NYSE: XOM) CEO Rex Tillerson said that his company is “losing our shirts” on natural gas production. Did he just notice…
9:02am ET
Energy
Chesapeake, Encana Bid-rigging Revealed — Reuters (CHK, ECA)
The troubles for Chesapeake Energy Corp. (NYSE: CHK) just keep rolling in. It seems that after one rock gets turned over and something shady has been revealed, the effort to turn over…
12:13pm ET
Energy
Energy Producer to Expand Capex Spending $600 Million (ECA, BHI, HAL, SLB, GST, EOG, GDP, CHK)
Canadian-based oil & gas producer Encana Corp. (NYSE: ECA) announced today that it planned to expand its 2012 capital spending budget by $600 million in order for the company “to take advantage…
1:41pm ET
Energy
Nat-Gas Recovery Brings Only Mixed Trading In Stocks (UNG, UGAZ, DVN, ECA, WPRT, CLNE, CHK)
So what if oil is trading lower. Traders and investors have voted that they believe the bottom has finally been seen in natural gas, at least for the time being. Natural gas…
11:10am ET
Investing
Is Natural Gas Staging a Comeback? (XOM, CHK, BP, ECA, COP, DVN, EOG, APC, UPL, STR, UNG)
It has been almost exactly two years since Exxon Mobil Corp. (NYSE: XOM) completed its $31 billion merger with XTO Energy to create the largest natural gas company in the US. Exxon’s…
2:58pm ET
Energy
Exxon Considering Natural Gas Exports (XOM, CHK, EOG, APA, ECA, LNG)
At the company’s shareholders meeting today, the CEO of Exxon Mobil Corp. (NYSE: XOM) said that Exxon is studying the possibility of exporting natural gas from the US Gulf Coast and Canada.…
5:43pm ET
Investing
Hedge Fund Stock Picks: Whale Hunting of the Kingmakers
24/7 Wall St. published the full list of positions already for Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). While there were some surprises out there and 24/7 Wall St. tracked some of…
1:14pm ET
Investing
Marcellus Shale Gas Reserves Estimate Cut 66% (CHK, RRC, ECA, COG)
A report earlier today that Chesapeake Energy Corp. (NYSE: CHK) was reducing its drilling programs due to the low prices for natural gas. Competitors like Range Resources Corp. (NYSE: RRC), Encana Corp.…
10:04am ET
Special Report
The 17 Most Important IPOs To Watch In 2012
The initial public offering market in 2012 is likely to be much stronger than many anticipate. Despite the lingering uncertainty and the underperformance of many popular IPOs in 2011, this year may…
8:09am ET
Energy
US EPA Links Fracking to Groundwater Contamination (ECA, CHK, XOM, EOG)
ThinkstockThe US Environmental Protection Agency on Thursday released a draft of its three-year study of possible groundwater contamination caused by hydraulic fracturing near Pavillion, Wyoming. The draft results are not good news…