INK Canadian Insider index member Encana is a North American energy producer weighted toward natural gas. Recently, the stock has dropped in sympathy with the underlying commodity. Insiders, including the chief executive and the chairman, have spent $472,871 buying shares in the public market as the stock has slid over the past month. From March 10 to 13, independent board chairman Clayton Woitas bought 26,700 shares at an average price of $14.20. From Feb. 23 to March 9, CEO Douglas Suttles acquired 3,000 shares at an average price of $14.60.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.