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CS - Encana delivers significant blow in mid-earnings season - November 2019

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The Canadian industry was shaken up on Oct. 31, when Encana announced it will redomicile in the US early next year and change its name to Ovintiv (PG.1). This was a sober backdrop to the ongoing earnings season, which has seen some of Canada’s top producers coming in with mixed results. While Suncor Energy’s profits were down 43% YOY, production was slightly up because of higher Syncrude output and the ramp-up of Fort Hills......
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