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EnCana Corp.

11:02 AM EST - EnCana Corp. : sharesd were lower after it reported an 81 percent decline in first-quarter net income to US$93 million caused by an unrealized hedging loss of $737 million. EnCana said its January-March revenue increased 20 percent to $5.34 billion on higher production and prices, and operating profit for the quarter increased 23 percent to $1.05 billion. EnCana Corp. shares T.ECA are trading off $1.02 at $85.65.