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View Full Version : EnCana's First-Quarter Profit Surges on Hedging Gains - Bloomberg



NewsWhore
04-22-2009, 09:50 AM
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EnCana&#39;s First-Quarter Profit Surges on Hedging Gains (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3Dainhx9YNds3w%26refer%3Dcanada&cid=1338976549&ei=aSLvSdLcC5eIQp6bjYYM&usg=AFQjCNFgmm8wpV6uezeRCulhrMXyDAQQHg)
Bloomberg
Excluding gains of $89 million related to contracts used to lock in prices and losses of $75 million on currency exchanges, EnCana earned $1.26 a share. On that basis, the company was expected to earn 67 cents, the average of nine analyst estimates ...


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