Jim Letourneau's Blog

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Makefunovus - Encana Makes up a Name

The cleaved Encana's oil spinout is going to be called Cenovus? Obviously, all the horse names were taken.

As you all could immediately tell, the name captures "a strong enterprise with a sustainable, innovative and bright future."

I guess if your corporate origins are as a "spinco" anything goes.

Seriously, I doubt we'll be laughing about their share price in a few years. This outfit should make some coin.