Encana Corp. (NYSE:ECA) Trades Up as Oil, Gas Rise

Crude oil, natural gas and gasoline prices jumped Tuesday, pushing up the share price of Encana Corp. (NYSE:ECA).

Benchmark crude for May delivery rose $1.33 to settle at $103.88 a barrel on the New York Mercantile Exchange.

Heating oil jumped 3.94 cents to settle at $3.0012 a gallon. Gasoline futures climbed 10.13 cents to settle at $3.3797 a gallon, while natural gas for June delivery increased 8.7 cents to settle at $4.303 per 1,000 cubic feet.

Encana Corporation participates in the exploration for, development, production, and marketing of natural gas, crude oil, and natural gas liquids primarily in North America.

Encana Corp. (NYSE:ECA) closed at $32.94, gaining $0.29, or 0.89 percent.