Current ECA Stock Info

Encana Corporation (ticker: ECA) today announced the completion of its offering of 85,616,500 common shares of the company at a price of C$14.60 ($11.42) per share. The aggregate gross proceeds of the offering is C$1.25 billion (about $980 million), according to the company’s press release.  ECA has alos granted the underwriters an over-allotment option to purchase up to an additional 12,842,475 shares at the same price. The additional shares would add another C$187.5 million (about $146.72 million) to the aggregate gross proceeds.

The compa...

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