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$39bn Encana to Gain From Cenovus Spinoff, Says The Spinoff Report


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© Business Wire 2009
2009-11-23 19:41:04 -

Encana Corp. (ECA) the leading North American Natural Gas and Integrated Oil Company, is to Spinoff its subsidiary Cenovus, which accounts for 55% of its Revenues. :



According to Jim Osman, CEO : of, The Spinoff Report : (the world's leading specialist that tracks and analyses Global Corporate Spinoffs :

and Special Situations : ) Encana will benefit for the following reasons, "due to investors clearer recognition of its.

impressive production growth, the re-rating of the stock and its attractive resource base. As for Cenovus, the Spinoff : will allow investors to equally recognize and acknowledge its: high cash flow generating capacity and strong refining capability, together with the fact that it's a low cost producer".

The Spinoff Report : research team has produced a 44 page in-depth analysis : ahead of the vital 'Record Date' for its clients : and investors. Allowing clients to fully assess the catalysts of both Encana & Cenovus.

Jim further highlighted, "Post Spinoff : , Cenovus will not be overshadowed by Encana's operations - creating two leading and focused businesses, whereby the management : will be freshly and fully incentivized : to grow each company going forward".

For a further overview and summary on the Encana/Cenovus Spinoff or if you're interested in any other high-alpha Spinoff deal due to take place globally, click here : for The Spinoff Report's Newsletter/Company Snapshot and Research. :

About Us :  - The Spinoff Report™

Having run real money and real portfolios,  our edge :  as a specialist independent is objectively and accurately capturing, tracking & analysing global situations.

Focusing on the fundamentals & technicals, together with insider dealings and their incentives, ensuring our clients are informed prior to an event happening...while the market is still quiet!


This helps our Event-Driven and Growth focused clients lock-in as much Alpha as possible. That's why we are recognized around the world as the global standard on advising and investing in Spinoffs.



The Spinoff Report Jim

Osman, CEO : or Ryan

Mendy, COO : +1 (212) 714 7046 ryanmendy@spinoffreport.co.uk : mailto:ryanmendy@spinoffreport.co.uk or

by visiting:  www.spinoffreport.co.uk :


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