Encana Corp (ECA.TO) Buy, Sell or Hold

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Daily Stock Opinions and Ratings

Encana Corp (ECA.TO)

4.96

-0.23 (4.43%)

as of Jan 24, 2020, 9:00:00 pm Market Open.

267 watching

BUY

(Market Call Minute.) Going to split their oil and gas portions, which will be very positive for the stock.

PAST TOP PICK

(Top Pick Nov 3/08, Up 14.58%)

WEAK BUY

Likes it, but not his favorite. Not bullish on Nat Gas. He is bullish on oil. The split will be completed soon.

BUY

Likes it and likes this space. They have this wonderful land position that will benefit from Nat Gas strength.

PAST TOP PICK

(A Top Pick Aug 26/09. Up 13.5%.) Splitting their oil into Cenovus and will continue holding their gas properties. Likes this move. Sunovas could be an attractive acquisition target. Hedged a lot of this year’s gas at $9 and next years at about $6.

TOP PICK

Bullish on gas. Also when the company splits into Sunovas (oil sands portion) and Encana (Gas portion), there will be more value created. Sunovas will be worth about $35 and Encana about $42. Sunovas could be a takeover target.

TOP PICK

(A Top Pick Nov 5/08. Up 2.25%.) Additional value can be created after the split. As stand-alone companies they are more likely to be takeover candidates, especially the oil side.

HOLD

Rumours are that when it splits into the 2 different pieces, that one of them could be acquired. When this happens he will hold both pieces. Likes the oil sands and the oil business generally. Also thinks natural gas is about to take off.

COMMENT

Splitting into 2 companies, oil sands and natural gas. Likes the differentiation of assets. Speculation that their partner, ConocoPhillips (COP-N) will want to take the oil company out.

COMMENT

Splitting between their oil and gas assets. Feels they are hoping for higher valuations for each part by having pure plays. Both of those individual companies become takeover targets.

TOP PICK

Will trade higher because it will give clarity between the 2 asset bases. Has done everything right. Have land holdings in all the hot plays. They had just smartly and are up over $1.6 billion in cash flow this year. After the split he would be inclined to keep the gas.

SELL

(Market Call Minute.) They're concerned about oversupply of natural gas.

TOP PICK

Still likes it. Likes it as a single entity that will split. $80 oil this time next year; $5-6 for Gas.

PAST TOP PICK

(Top Pick Sept 5/08, Down 9.6%) Happy about the split. No one pays any attention to their properties. You have more upside than you see in their stock price.

PAST TOP PICK

(A Top Pick Sept 2/08. Down 14.94%.) Splitting between their oil and gas operations, which will give some clarity. Doesn't create a lot of value. Great hedging program.

Showing 571 to 585 of 1,420 entries

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Encana Corp (ECA.TO)