You can take the title of this article both figuratively and literally, my Foolish friends.
Despite the death-defying dips in its share price of late, EnCana
Fortunately for EnCana, the company has serious cash production prowess. A moderate cut in capital expenditures isn't going to make the wheels come off. As I've noted, the company's economic breakeven point lies far below today's gas price levels. Growth will moderate, but that's a foregone conclusion for most companies today.
Given the frazzled funding markets, EnCana's taking the prudent path and delaying its proposed division into two stand-alone firms. Thus the ConocoPhillips
There's a major upshot here. In preparation for the split, EnCana had suspended its share buyback program. Now that the schism has been pushed off into the indefinite future, I believe there's nothing to stop EnCana from mirroring Anadarko Petroleum