EnCana, Kinross, Petro-Canada, Potash: Canadian Equity Preview

By Katherine Greene

July 24 (Bloomberg) -- The following companies may have unusual price changes in Canadian trading. Stock symbols are in parentheses, and share prices are as of the last close.

The Standard & Poor's/TSX Composite Index fell the most in a week, dropping 1 percent to 13,512.66.

Agnico-Eagle Mines Ltd. (AEM CN): The gold miner boosting output fivefold in three years said second-quarter profit dropped 78 percent, trailing analysts' estimates, because of lower prices and production for zinc from its LaRonde mine. The shares fell 5.6 percent to C$64.80.

EnCana Corp. (ECA CN): Canada's largest natural-gas producer said second-quarter profit fell 16 percent on lower values for contracts used to lock in commodity prices. The shares fell 5.1 percent to C$73.21.

Husky Energy Inc. (HSE CN): The Canadian oil company controlled by Hong Kong billionaire Li Ka-shing said second- quarter net income rose 75 percent on higher crude and natural- gas prices. The shares fell 2 percent to C$40.51.

Kinross Gold Corp. (K CN): Canada's third-largest gold producer said it has agreed to buy Aurelian Resources Inc. (ARU CN) for C$1.2 billion ($1.19 billion) in stock, giving it control of Ecuador's largest gold deposit. The shares fell 8 percent to C$20.84.

Petro-Canada (PCA CN): The country's second-largest refiner said second-quarter profit surged 77 percent on higher oil and natural-gas prices. The shares dropped 4.1 percent to C$46.60.

Potash Corp. of Saskatchewan Inc. (POT CN): The world's largest producer of crop nutrients said second-quarter profit more than tripled to a record as rising global demand for crops lifted fertilizer prices. The shares slid 7.1 percent to C$202.23.

Suncor Energy Inc. (SU CN): The world's second-largest oil- sands producer said second-quarter profit increased 12 percent as higher oil and natural-gas prices blunted a decline in output from planned repairs. The shares fell for a second day, dropping 2.1 percent to C$53.65.

Teck Cominco Ltd. (TCK/B CN): Canada's largest diversified mining company said second-quarter profit rose 2.5 percent because of higher copper and coal sales. The shares fell 2.3 percent to C$39.18.

WestJet Airlines Ltd. (WJA CN): Canada's second-biggest carrier said it won't let passengers use credit cards to check in at airport kiosks after reports of fraudulent use of travelers' personal data. The company said the measure is precautionary and it isn't aware of any confirmed fraud cases. The shares rose 7.8 percent to C$15.69.

To contact the reporter on this story: Katherine Greene in New York at kgreene8@bloomberg.net.