Which stock exchanges do Encana shares trade on and what is the stock symbol?
Encana common shares are listed and posted for trading on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol “ECA”.
When and how was Encana created?
Encana was created in 2002 through the merger of PanCanadian Energy Corporation (PanCanadian) and Alberta Energy Company Ltd. (AEC). Under the merger, AEC shareholders received 1.472 common shares of PanCanadian for each common share of AEC that they held. The merger closed on April 5, 2002, and PanCanadian changed its name to Encana Corporation.
For a full description of the merger, please refer to the Joint Information Circular dated February 22, 2002.
I am a royalty owner. Whom should I contact with questions?
For more information, visit Encana’s owner relations page.
Where can I find additional information relating to the Encana/Cenovus split?
On November 30, 2009, Encana completed a corporate reorganization to split into two independent publicly traded companies – Encana Corporation and Cenovus Energy Inc. Under the transaction, Encana shareholders retained their Encana shares and received one Cenovus common share for each Encana share held. Please refer to the below documents for further details on the split.
Where can I find additional information relating to the AEC and PanCanadian merger?
For a full description of the merger, please refer to the Joint Information Circular dated February 22, 2002. Historical financial reports and other shareholder materials can also be accessed through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
If I held AEC common shares prior to the merger am I required to exchange them for Encana common shares?
Yes. If you held AEC common shares prior to the merger, you are required to formally exchange your shares for Encana common shares and will receive 1.472 Encana shares for each AEC common share. Please contact your broker or AST Trust Company for additional information regarding the share exchange process.
If I held PanCanadian common shares prior to the merger am I required to exchange them for Encana common shares?
No. If you held PCE common shares prior to the merger you are not required to formally exchange your shares. PanCanadian shareholders received one ECA common share for each PCE common share (1-for-1 share exchange ratio) therefore PanCanadian share certificates are valid as Encana. If you would like to exchange your shares, please contact your broker or AST Trust Company for additional information regarding the share exchange process.
I lost or misplaced my share certificates. Whom should I contact?
You will need to contact our registrar and transfer agent — AST Trust Company at 866.580.7145 for assistance.
I am a shareholder and my address/banking information has changed. Whom should I contact?
You will need to contact our registrar and transfer agent — AST Trust Company at 866.580.7145 for assistance. If you are on our mailing list to receive information directly from Encana, please contact Investor Relations at firstname.lastname@example.org or by calling 403.645.3550
Does Encana pay a dividend?
Yes, historically Encana shareholders have received quarterly dividends. The decision whether or not to pay dividends and the amount of any such dividends are subject to the discretion of Encana’s Board of Directors. For a list of dividends declared, please view the Dividend Information Table.
Does Encana have a dividend reinvestment plan?
On February 28, 2019, Encana suspended its dividend reinvestment plan until further notice. If Encana elects to reinstate the dividend reinvestment plan in the future, the shareholders that were enrolled in the plan at suspension and remained enrolled at reinstatement will automatically resume participation in the plan.
Is Encana considered a Qualified Foreign Corporation under the United States Jobs and Growth Tax Relief Reconciliation Act of 2003 in relation to 1099-DIV reporting?
Yes. Encana expects that its dividends will constitute “qualified dividend income” for non-corporate U.S. holders, including individual U.S. holders, taxable at the lower applicable capital gains rate, provided that certain holding period requirements are met. For more information, please visit www.irs.gov or contact an accountant or professional tax advisor.
Does Encana have a direct share purchase plan?
No. To purchase Encana shares, you will need to contact a broker.
Does Encana have any preferred securities outstanding?
No. At this time, Encana does not have any preferred securities outstanding.