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CEO Doug Suttles said last November that Encana would do more to expand into natural gas liquids while scaling back some of its dry gas operations.
CEO Doug Suttles said last November that Encana would do more to expand into natural gas liquids while scaling back some of its dry gas operations.
(Todd Korol For The Globe and Mail)

Encana CEO deserves credit for sticking to his guns

It’s been easy to knock Encana over the past three years. With natural gas prices in the gutter, the company’s sprawling empire looked less and less attractive.

Even after Doug Suttles took over as chief executive officer, offering a fresh vision for the company, the skeptics could not be dissuaded. The root problem: No matter how much Encana talked about expanding in natural gas liquids, everyone knew the company would still be heavily tied to dry gas prices.