The energy company, which keeps its books in U.S. dollars, says the loss amounted to 24 cents per share, compared with a loss of $281 million or 29 cents per share a year earlier. Total production in the quarter averaged 335,200 barrel of oil equivalents per day, up from 321,500 in the same quarter last year. For the full year, Encana earned $827 million or 85 cents per share on $4.44 billion in revenue. That compared with a loss of $944 million or $1.07 per share on $2.92 billion in revenue in 2016. Production for the year averaged 313,200 barrel of oil equivalents, down from 352,700 in 2016.

Source: CBC News February 15, 2018 20:26 UTC