Encana’s Q3 Earnings Drop

Bloomberg reported that natural gas producer Encana’s Q3 earnings fell, pressured down by declining fuel prices.

As quoted in the market report:

Encana, which had been curtailing output because of low prices, said it began returning production at shut-in wells in August and volumes are “now largely restored.” The company affirmed its 2012 production guidance of 3 billion cubic feet a day.

To view the whole Bloomberg report, click here.