Encana is a leading North American energy producer that is focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.
Find locations served, office locations
- Business Type:
- Service provider
- Industry Type:
- Market Focus:
- Internationally (various countries)
This company also provides solutions for other industrial applications.
Please, visit the following links for more info:
Our strategy: unlock the tremendous value unrecognized within our asset base.
We plan to achieve this by:
- investing in the highest-return projects
- establishing increased liquids weighting and diversifying revenue sources
- maintaining industry-leading cost structures
- leveraging third-party funding through farm-outs, partnerships and joint ventures
Natural gas has gone from being in short supply to abundance and the production of oil and natural gas liquids is on a growth curve in North America for the first time since the mid-1970s.
While our commitment to execution excellence and a low-cost focus remains the same, our tactics have adapted to the changes in our external environment, most notably the prolonged decrease in natural gas prices.
Our industry leadership has positioned us well - we have a diverse asset base and innovative, value-driven teams. We have a clear vision of the future and intend to capitalize on the opportunities we see in front of us.
Ryder McRitchie, Encana's Vice-President of Investor Relations, explains that while our commitment excellence remains the same, our tactics have adapted to the changes in our external environment.
Corporate responsibility is more than a once a year report. It is our commitment to conducting business ethically, legally and in a manner that is fiscally, environmentally and socially responsible.
We are committed to continuously building on our past success and improving both the methods and measures of our performance. Our approach to corporate responsibility entails both strong corporate governance and responsible development.
Strong governance depends upon the performance of our people, adherence to our policies and practices and, quite simply, supporting all employees and staff to do what is right. This approach to governance ensures we are able to responsibly develop our resources. Responsible development means we measure, communicate and act on issues related to the environment, community, health and safety in a manner which is proactive and responsive to the needs of our stakeholders and minimizes environmental impacts.
Our corporate responsibility mission
We create value for our shareholders, are accountable to our stakeholders and remain steadfast in our role as an industry leader in workplace safety, environmental stewardship and social responsibility.
Our three corporate responsibility goals are to continually improve as an industry-leading:
- operator of choice
- employer of choice and
- partner of choice
Encana. Over 125 years in the making.
Encana’s history touches on some of the most significant political and economic events in Canada and the world in the last 125 years: continental migration in the 1880s, the energy crisis of the 1970s, and the emergence of unconventional energy resources at the turn of the 21st century.
Created through the merger of PanCanadian Energy Corporation and Alberta Energy Company Ltd. in 2002, our predecessor companies' roots go back as far as some of the world's oldest petroleum companies.
Our strategy: unlock the tremendous value unrecognized within our asset base. Our industry-leading approach to resource development, called resource play hub, fosters the technological innovation and enterprise-wide collaboration key to achieving the highest levels of long-term capital and operating efficiency to create shareholder value.