S&P affirms Encana

Standard & Poor’s said it affirmed its ratings, including its BBB long-term corporate credit rating, on Encana Corp. The outlook is stable.

“We have revised the anchor score to bbb from bbb- to reflect our view of the company’s significantly increased liquids production following the completion of the Eagle Ford acquisition, which we expect to increase Encana’s cash flow to a significant degree,” said S&P credit analyst Aniki Saha-Yannopoulos in a news release.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.