$39bn Encana to Gain From Cenovus Spinoff, Says The Spinoff Report.LONDON & NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Encana Corp. (ECA ECA See: Export Credit Agency ) the leading North American Natural Gas and Integrated Oil Company, is to Spinoff its subsidiary Cenovus, which accounts for 55% of its Revenues. According to Jim According to Jim is an American situation comedy television series originally broadcast by ABC. The show premiered with little publicity in October 2001, following the surprise hit comedy My Wife and Kids. Osman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of, The Spinoff Report (the world's leading specialist that tracks and analyses Global Corporate Spinoffs and Special Situations) Encana will benefit for the following reasons, "due to investors clearer recognition of its: impressive production growth, the re-rating of the stock and its attractive resource base. As for Cenovus, the Spinoff will allow investors to equally recognize and acknowledge its: high cash flow generating capacity and strong refining capability, together with the fact that it's a low cost producer". The Spinoff Report research team has produced a 44 page in-depth analysis ahead of the vital 'Record Date' for its clients and investors. Allowing clients to fully assess the catalysts of both Encana & Cenovus. Jim further highlighted, "Post Spinoff, Cenovus will not be overshadowed by Encana's operations - creating two leading and focused businesses, whereby the management will be freshly and fully incentivized to grow each company going forward". For a further overview and summary on the Encana/Cenovus Spinoff or if you're interested in any other high-alpha Spinoff deal due to take place globally, click here for The Spinoff Report's Newsletter/Company Snapshot and Research. About Us - The Spinoff Report[TM] Having run real money and real portfolios, our edge as a specialist independent is objectively and accurately capturing, tracking & analysing global situations. Focusing on the fundamentals & technicals, together with insider dealings and their incentives, ensuring our clients are informed prior to an event happening...while the market is still quiet! This helps our Event-Driven and Growth focused clients lock-in as much Alpha as possible. That's why we are recognized around the world as the global standard on advising and investing in Spinoffs. |
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