Sunday, February 2, 2025

Encana Doubles Cash from Operating Activities YOY

Permian now producing 90 MBOEPD Encana (NYSE: ECA) reported its Q2 results and more than doubled its cash from operating activities YOY and is on track to grow annual production by more than 30%. The company expects to generate free cash flow in 2018 as result. Highlights Cash from operating activities of $475 million, up 120% YOY Non-GAAP cash flow

Chesapeake: PRB is the New Growth Engine

Chesapeake Energy Corporation (NYSE:CHK) reported financial and operational results for the 2018 second quarter. Highlights Net loss available to common stockholders of $40 million, or $(0.04) per diluted share Adjusted net income attributable to Chesapeake of $139 million, or $0.15 per diluted share Average production of approximately 530 MBOEPD up 8% YOY Average oil production of approximately 90 MBOEPD, up