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Encana Corp.

11:53 AM EST - Encana Corp. : Today announced its first-quarter 2019 financial and operating results. For the first quarter of 2019, Encana posted a net loss of $245 million, or $0.20 per share. The primary drivers associated with the loss before tax were non-cash unrealized losses on risk management of $427 million, restructuring costs of $113 million and acquisition related costs of $31 million. Non-GAAP operating earnings for the first quarter were $165 million, or $0.14 per share. Cash from operating activities for the first quarter was $529 million. Non-GAAP cash flow was $422 million, a six percent increase over the comparable period of 2018. Non-GAAP cash flow was impacted by $144 million of restructuring and acquisition costs. Encana Corp. shares T.ECA are trading down $0.17 at $9.38.