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