Politics not to blame for Encana moving south

With Encana, once again we have an underperforming company that’s been a disaster for shareholders hoping that a move south under a new alias will suddenly turn it into a winner.

Encana Inc.’s fate was probably sealed last year when its CEO, a Texan named Doug Suttles, announced that he was leaving Calgary and settling in Denver.

“We’re not moving other staff and no, we’re not relocating our head office,” a spokesperson for Encana told the Financial Post at the time. “There’s a definitive no to that.”

Source: https://ipolitics.ca/2019/11/01/politics-not-to-blame-for-encana-moving-south/