Calgary, Alberta-based Encana said it had a net loss of $1.2 billion, or $1.47 a share, in the third quarter ended Sept. 30, well off the $2.8 billion it earned a year earlier. Results in the latest quarter included a $1.07 billion impairment charge, which followed similar charges in the first two quarters of the year. Excluding the latest charge, Encana posted an operating loss of $24 million, or 3 cents a share, which was a penny better than the 4-cent loss analysts polled by Thomson Reuters expected. “Decisive action across the organization is continuously strengthening our business,” Chief Executive Doug Suttles said in a statement. He said the company is benefiting from a more-focused portfolio and disciplined capital program, plus cost reductions. Encana has been shedding assets to shore up its balance sheet , streamlining its portfolio to focus on its four key oil-and-gas plays in the Eagle […]