Buoyed

Gas Prices Weigh on EnCana 2Q Results

EnCana Corp. last week reported second quarter results that were weighed down by weak natural gas prices but buoyed by commodity price hedges.

July 27, 2009

EnCana 2Q Results Feel Weight of Sagging Gas Prices

EnCana Corp. Thursday reported second quarter results that were weighed down by weak natural gas prices but buoyed by commodity price hedges.

July 24, 2009

EnCana’s East Texas Gains Buoy Gas Output

Buoyed by some “monster” wells in East Texas, EnCana Corp. last week reported a 4% gain in North American natural gas production in the first three months of the year — even though it drilled almost a quarter fewer wells.

April 27, 2009

EnCana’s North American Gas Production Rises 4%

Buoyed by some “monster” wells in East Texas, EnCana Corp. on Wednesday reported a 4% gain in North American natural gas production in the first three months of the year — even though it drilled almost a quarter fewer wells.

April 23, 2009

Texas Energy Industry Sees Downturn

Buoyed by the Barnett Shale’s output, the Texas oil and natural gas economy rose for six years straight, but all of that came crashing down late in 2008, according to the Texas Alliance of Energy Producers.

February 16, 2009

Texas Energy Industry Feels Impact of Recession, Lower Prices

Buoyed by the Barnett Shale’s output, the Texas oil and natural gas economy rose for six years straight, but all of that came crashing down late in 2008, according to the Texas Alliance of Energy Producers.

February 13, 2009

Gains Smaller But Continue at Most Points

Buoyed by the previous day’s 30.8-cent spike in July futures and to a lesser degree by continuing hot weather from the western end of the South through inland California, cash prices continued to rise at a large majority of points Tuesday. However, the fact that the latest gains were considerably smaller than Monday’s in most cases and were accompanied by a few fairly significant losses signified that the market was starting to take heed of generally light weather-based load.

June 18, 2008

Futures Push Higher on Storm, Temperature Concerns

Buoyed by forecasts for significant heat in the Southwest and the arrival of the first tropical storm of the 2008 Atlantic hurricane season, July natural gas futures pushed above $12 in Monday trade to record a high of $12.203. However, the momentum could not be sustained as the prompt-month contract dropped to close at $11.969 — still good for a 26.6-cent gain over Friday’s finish.

June 3, 2008

Cash Points Mostly Climb as Market Asks Why

Buoyed by natural gas futures’ venture above $10 in Monday’s session, most cash market points across the country on Tuesday recorded modest gains, from a few pennies to just more than 30 cents. Gains were recorded at a vast majority of points across the country, with a few declines sprinkled through the Northeast and Midcontinent.

March 12, 2008

EnCana Designates Operator for Deep Panuke Unit

EnCana Corp. has buoyed the hopes of Nova Scotia’s offshore oil and natural gas industry by designating a Swiss company to build and operate its planned Deep Panuke mobile offshore production unit.

November 12, 2007