Q3 at-a-glance

  • Company is on track to generate full-year non-GAAP free cash flow in 2018, one year earlier than expected in its five-year plan; generated $66 million in non-GAAP free cash flow in the third quarter.
  • Non-GAAP cash flow of $589 million, up 118 percent year-over-year and non-GAAP cash flow margin of $16.93 per barrel of oil equivalent (BOE), up 64 percent year-over-year; company expects full-year average non-GAAP cash flow margin of more than $16 per BOE.
  • Liquids production of 178,700 barrels per day (bbls/d), up 40 percent year-over-year and 15 percent from the previous quarter.
  • Total production of 378,200 barrels of oil equivalent per day (BOE/d), up 33 percent year-over-year.
  • Core assets delivering efficient non-GAAP free operating cash flow; Permian currently producing over 100,000 BOE/d; Montney currently production about 55,000 bbls/d; Eagle Ford and Duvernay combined delivered 65,800 BOE/d.
Read more
**Refer to the third quarter news release for information on non-GAAP measures.

Legal Advisory

ECA stock price

TSX $10.06 Can -0.16

NYSE $7.62 USD -0.15

As of 2018-11-16T16:00:00. Minimum 15 minute delay