CSIMarket
 
Encana Corp  (ECA)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 

Encana's Customers Performance

ECA



 
ECA's Source of Revenues During the corresponding time, Encana Corp recorded a revenue increase by 48.26 % year on year, sequentially revenue fell by -8.95 %. While revenue at the Encana Corp's corporate clients

List of ECA Customers




for the same period Encana Corp recorded revenue increase by 48.26 % year on year, sequentially revenue fell by -8.95 %.

List of ECA Customers

Encana's Business Units






Encana's Comment on Sales, Marketing and Customers



Market Optimization activities are managed by Encana’s Midstream, Marketing & Fundamentals team, which is responsible for the sale of the Company’s proprietary production and enhancing the associated netback price. In marketing production, Encana looks to minimize market related shut-ins, maximize realized prices and manage concentration of credit-risk exposure. Market Optimization activities include third party purchases and sales of product to provide operational flexibility and cost mitigation for transportation commitments, product type, delivery points and customer diversification. In conjunction with certain divestitures, Encana has also agreed to market and transport certain portions of the acquirer’s production with remaining terms of less than five years.

Encana’s produced natural gas, oil and NGLs are primarily marketed to refiners, local distributing companies, energy marketing companies and electronic exchanges. Prices received by Encana are based primarily upon prevailing market index prices in the region in which it is sold. Prices are impacted by regional and global supply and demand and by competing fuels in such markets.

The majority of Encana’s natural gas production is sold under short-term delivery contracts less than 12 months in duration, at the relevant monthly or daily market price at the time the product is sold. Encana has dedicated natural gas produced from Deep Panuke under a long-term physical sales contract at prevailing market prices in that region. Encana’s oil production is sold under short term and long term contracts that range up to four years. Prices received by Encana are based primarily upon the prevailing index prices in the relevant region where the product is sold. Encana’s NGLs production is sold under short term and long term contracts that range up to 12 years, or under dedication arrangements at the relevant market price at the time the product is sold.

In connection with the marketing and sale of Encana’s production and purchased natural gas and liquids, the Company had two customers, Royal Dutch Shell Group and Flint Hills Resources, which individually accounted for more than 10 percent of Encana’s consolidated revenues (2015–two customers, Royal Dutch Shell Group and Flint Hills Resources, 2014–one customer, BP Energy Company). Encana does not believe that the loss of any single customer would have a material adverse effect on the Company’s financial condition or results of operations.