Encana Corp, Canada’s biggest mining company, has recently published an income report for Q4 2012. The income declined sixfold down to $80 million (y/y). For reference sake, in Q4 2011, the income was around $476 million.
The company’s operating income grew up to 40 cent per share, which is $296 million. The previous result was $232 million. Experts had anticipated the operating income to be around 33 cents per share.
Encana Corp’s proceeds declined down to $1.605bn in Q4 2012.
The chart below, courtesy of , reflects the current state of affairs in the market of ECA:
