The surprise EnCana announcement that it plans to split in two played well with investors yesterday, but it didn't play so well on the home fronts of many energy analysts on Sunday - the day of the big news. "Mother's Day got shot all to hell," said Martin Molyneaux, of FirstEnergy Capital in Calgary. EnCana CEO Randy Eresman held a press conference Sunday to outline the proposed restructuring, which sent analysts scrambling to assess the implications and write research notes for clients. "There's an IOU there for sure," Mr. Molyneaux said yesterday.
