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

Encana Corp (ECA.TO)

4.96

-0.23 (4.43%)

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

267 watching

COMMENT

Storage for natural gas is generally bearish right now. Productivity of the shale plays has been surprising to the upside. Encana is the best positioned of any company with the best strategic direction. Currently not a great situation for gas players.

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PAST TOP PICK

(A Top Pick March 12/08. Down 36.2%.) Disappointing performance. Not surprising given the price of oil. For those underweight, she would be a Buyer. Longer-term, it is a premier company with lots of exploration opportunities and good hedge position on commodities.

TOP PICK

Believes energy prices will stabilize and go up, especially oil prices. Exposure to both oil and natural gas and has new projects coming on. Thinks it will outperform the market. 4.17% yield.

PAST TOP PICK

(A Top Pick Feb 15/08. Down 27.3%.) Prefers integrateds because with energy prices moving around they can manage earnings a little better. Got out of energy last June-July.

HOLD

(Market Call Minute.) A “go to” name and should be part of your core portfolio but there is no rush to Buy it.

PAST TOP PICK

(A Top Pick Feb 21/08. Down 21.2%.)

HOLD

One of the 3 premier companies in Canada along with Canadian Natural Resources (CNQ-T) and Suncor (SU-T). A little more gas exposure and gas prices have been uncharacteristically weak for this time of year.

TOP PICK

Dominant player in the unconventional gas area. Has a good footprint in the Canadian oil sands. Low steam/oil ratios expected. Relatively low operating costs.

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BUY

Likes the big cap plays in the oil sector right now. Oil is extremely cheap and there is too much pessimism in the marketplace. As oil inventories start to drop there is going to be a pop on the other side. Exceptionally cheap.

HOLD

(Market Call Minute.) A potential Buy when you think energy prices are going to start to improve.

TOP PICK

Believes that energy prices will recover. Oil prices in the $40 range are not sustainable. Shorter term, there will be some turbulence so you want to stay with large names and good balance sheets with good hedging in place. 3.7% yield.

BUY

One of her favourite names. Extremely well hedged in 09 and well into 2010. Thinks the dividend is okay.

TOP PICK

Leader in the large cap Canadian space. The hedging position they have, which killed them in Q2 of 08, is going to make them look like superstars. About 66% of gas is hedged. Cautiously optimistic that it has turned.

BUY

(Market Call Minute.) In the right sector. Breaking out. Looks good. Volume is there.

BUY

One of the highest quality oil/gas companies globally. This is the kind of stock you can buy and tuck away and you will get a dividend in the meantime. Expect it should get into the $70’s/$80’s sometime this year.

Showing 631 to 645 of 1,420 entries

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Encana Corp (ECA.TO)