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Alleged agreement between Chesapeake Energy and EnCana Corporation to ...
Recently published reports of land acquisition activities between Chesapeake Energy and EnCana senior executives will likely expose those companies to a Department of Justice (DOJ) antitrust investigation and challenge, as well as, if accurate, civil ...
Encana swings into red on impairment charge
Encana Corp, which faces antitrust investigations following a Reuters report that it colluded with Chesapeake Energy Corp to lower the price of Michigan exploration lands, reported a second-quarter net loss on Wednesday as it wrote down assets because ...
Exclusive: Encana tipped off Chesapeake to land plans in Michigan - Emails
As Chesapeake Energy Corp and Encana Corp face antitrust investigations, emails reviewed by Reuters indicate that top executives of the two rivals shared sensitive information that gave Chesapeake the upper hand in deals with Michigan land owners.
Shale writedowns begin as lower prices follow record M&A
The property writedowns take a big toll on earnings, said Mike Dunn, an analyst who covers Encana at FirstEnergy Capital Corp. in Calgary. Encana's net loss of $1.48 billion in the second quarter was largely driven by the impairment charge. Lower ...
Nexen deal could mark open season on Canada's energy producers
Inventory of energy majors that are still mostly Canadian-owned is growing scarce, though analysts say two of the largest that remain - Encana Corp. and Talisman Energy Inc. - would become particularly vulnerable in a relaxed foreign takeover ...
Exclusive: US probes Chesapeake, rival over possible collusion
WASHINGTON The U.S. Justice Department is probing Chesapeake Energy Corp and Encana Corp for possible collusion after a Reuters report showed that top executives of the two rivals plotted in 2010 to avoid bidding against each other in Michigan land ...
Cyclical dividend stocks: More than tempting treats
Companies in sectors like energy, materials and industrials are subject to the ups and downs of the economy, and that adds an element of risk to their dividends.
Oakridge Centre redevelopment plan sent for public comment
Ivanhoe Cambridge has partnered with development company Westbank to pursue the centre's redevelopment. “Personally, I think it's a reasonable request given there's been a number of advances in policy in that area,” said Coun.
Manning & Napier's Top Four New Buys Are All Oil & Gas Companies
Manning & Napier bought 7,825,980 shares of the company at an average price of $20 during the second quarter. EnCana Corporation has had modest growth over the last decade, with declining revenue and net income since 2008. However, the company is ...
95 things you probably didn't know about Canadian business
The Hudson's Bay Co. remains the oldest continuously incorporated company in the world, having been founded in 1670. The owner and operator of The Bay stores across Canada was also once the world's largest landowner, holding vast swathes of ...