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

BUY

Stock is not that expensive. Company will be splitting into 2 pieces. If you want to own a large cap today, this would be number one.

COMMENT

Will be splitting into 2 separate companies in 2009. Stock has moved up- very sharply, so wouldn’t be an aggressive buyer here. She has been taking some profits n order to re-balance the portfolios..

PAST TOP PICK

(A Top Pick May 16/07. Up 43%.) Break-up into 2 pieces is a positive. Great organic growth and a great way to play natural gas. Still a Buy.

COMMENT

Unhappy that it is splitting up as it makes it more difficult for him to judge all the factors in the company.

TOP PICK

Talking of splitting into 2 companies. Oil and natural gas, which will make them stronger. He likes this.

HOLD

Planning to split into 2 companies. Oil and gas. When they do, it would be worthwhile holding both companies. Both companies could be vulnerable as a takeover.

PAST TOP PICK

(A Top Pick May 9/07. Up 50%.) Splitting of the company will give investors a clearer picture of what they are buying. Sum of the parts will be worth more than the whole. Pretty expensive now and would Buy on weakness. Would prefer the Gasco versus the Oilco.

BUY ON WEAKNESS

Big pop up on the announcement of splitting into oil and gas companies. Getting close to being fully valued. When it splits, which isn’t for quite some time, the gas company will fly but the oil sands will depend on the markets view at that time. There will be a better entry point in the next month or two.

BUY

Stock went up on the announcement that they will be splitting into natural gas and integrated oil sands producer. The sum is worth more than the parts. Also into refining, which has not been good lately but it will be in the future. Before buying, you might wait to see if it pulled back a bit.

TOP PICK

He thinks that splitting the natural gas from the oil sands will surface the greater value. However, as 2 separate companies they will be more vulnerable to take out.

HOLD

Great company. He would like to add on weakness and you may get that chance in the summer being that it is gassy.

TOP PICK

Canada's biggest natural gas producer. Natural gas price has doubled and the stock is in an uptrend. Thinks earnings growth is going to surprise people.

TOP PICK

He really likes gas. Well diversified portfolio. 8 different properties producing over 140 TCF of gas. Very strong growth. Biggest player in the Montne. Analysts are undershooting gas prices. Have been buying back stock.

BUY

The quarter to some people was a bit of a miss. This company gives you heavy oil exposure and a joint venture with refining in the US but this is the largest gas producer in North America. Have some hedges that are reasonably out of the money for about 40% of their production, but even considering that this is a bellwether gas stock.

PAST TOP PICK

(A Top Pick Mar 3/07. Up 53%.) Has had a heck of a run and he has been taking some profits. PE multiples have got a little high. Great company and well managed.

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Encana Corp (ECA.TO)