10:05 AM EST - EnCana Corp. : said that it has updated its 2008 guidance for cash flow largely to reflect the dramatically lower Chicago crack spreads and WTI oil prices experienced in the fourth quarter. The combination of the two has reduced realized margins and inventory values in downstream operations by about $300 million. EnCana now expects its 2008 cash flow range to be between $9.4 billion and $9.6 billion, or $12.50 to $12.80 per share. EnCana Corp.
shares T.ECA are trading down $1.49 at $58.15.
