January 4, 2017 / 1:48 PM / in 10 months

BUZZ-Encana Corp: Expects 2017 margins to top previous forecast

** Oil and natural gas producer’s U.S-listed shares up 5.1 pct at $12.55 premarket

** Canadian company says it expects its margins in 2017 to exceed its previous target on lower costs and an expected rise in output in H2

** Encana is scheduled to report Q4 results and 2017 budget on Feb. 16

** Stock had gained 124 pct in 2016

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