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Share offering shows Encana’s heart moving deep into Texas Add to ...

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Encana’s board brought Doug Suttles to Calgary from Texas three years ago to untangle unwieldy operations and instill a new sense of focus.

If there was any doubt before, this week’s $1-billion (U.S.) stock issue shows in no uncertain terms that a huge part of the Canadian company’s future is back in the chief executive officer’s native Lone Star State.

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Encana and Precision Drilling deliver glimmers of optimism from the oil patch (BNN Video)
 
  • Encana Corp
    $14.08
    -0.65
    (-4.41%)
  • Encana Corp
    $10.31
    -0.52
    (-4.76%)
  • Updated April 27 11:56 AM EDT. Delayed by at least 15 minutes.

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