Encana Corp., one of Canada’s oldest and largest energy companies, is moving its corporate headquarters from Calgary to the United States.
The company, which is also changing its name to Ovintiv Inc., said Thursday that having a U.S. address will expose it to increasingly larger pools of investment in U.S. index funds and passively managed accounts, as well as better align it with its U.S. peers.
Damn capitalist America.
https://www.cbc.ca/news/canada/calgary/encana-move-us-united-states-calgary-base-ovintiv-1.5342315
The company, which is also changing its name to Ovintiv Inc., said Thursday that having a U.S. address will expose it to increasingly larger pools of investment in U.S. index funds and passively managed accounts, as well as better align it with its U.S. peers.
Damn capitalist America.
https://www.cbc.ca/news/canada/calgary/encana-move-us-united-states-calgary-base-ovintiv-1.5342315