S&P ups Encana view to stable

Standard & Poor's said it revised its outlook on Encana Corp. to stable from negative.

At the same time, S&P also affirmed its BBB long-term corporate credit and senior unsecured debt ratings on the company.

"The outlook revision reflects our expectation that Encana's forecast cash flow and credit measures will improve materially under Standard & Poor's oil and gas price assumptions," said S&P credit analyst Aniki Saha-Yannopoulos in a news release.

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