Encana to Outline Five-Year Growth Potential During Investor Day
OREANDA-NEWS. At today's Investor Day being held in New York City, Encana's President & CEO Doug Suttles along with members of the executive and management teams will outline the company's five-year, quality growth potential.
The event will include a review of the company's world-class core four assets which contain an inventory of approximately 10,000 premium return well locations.
Encana will outline its relentless focus on growing value over the next five years including a potential 300 percent increase in cash flow, a doubling of corporate margins, a 60 percent increase in total production and achieving a balanced production mix of oil and liquids and natural gas.
The company's growth potential is underpinned by active and disciplined balance sheet management. The company has access to over $5 billion in liquidity, a robust hedging program and a 100 percent short-cycle capital program. The presentation will also highlight Encana's culture of innovation and efficiency.
Encana Corporation
Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.
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