Continued weakness in natural gas prices fuels a Sell downgrade of Encana (ECA -0.7%) by Société...

|About: Encana Corporation (ECA)|By:, SA News Editor

Continued weakness in natural gas prices fuels a Sell downgrade of Encana (ECA -0.7%) by Société Générale, which says the gas producer destroyed capital and asset value by selling international assets prematurely and spinning off Cenovus, ECA's Canadian onshore oil business. The firm expects a swoon in prices in the fall months between air conditioning and heating season.