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

This should be at the serious end of your portfolio. He is biding his time on natural gas, but we'll be taking a hard look at this one.

BUY

Has been beaten but is right back in the trend again. Almost unchanged today in a down market. Looks like it is at the bottom of a growth channel, which would be the time to buy.

BUY

One of the better run oil/gas companies in the world. I've made some very astute acquisitions in deep gas assets. Will add a lot of value in the long term.

BUY ON WEAKNESS

The difficulty with natural gas price is it is partially weather driven and US drilling has not slowed down as expected. Likes the stock on weakness. Try to buy 10%-15% below its current price.

WATCH

Being bedevilled by what is happening in Canadian natural gas prices but it has a presence in the US also. On a 3-year time horizon, this will be a great company going forward. Not expensive. Wait to see some firming in Canadian natural gas prices.

WAIT

The trend is up. There was a correction back to the previous high. There is good support right around the current levels. Seasonally strong from November to May.

DON'T BUY

Natural gas prices are holding it back but they have a very high proportion of their production hedged at attractive prices. Cash flow will be strong. They’re so big it is hard for them to grow. Estimates production growth of 3% year over year for this year and next.

BUY

Had been at very gassy play has become an integrated oil/gas company with their deal with ConocoPhillips (COP-N) for the use of their refineries.

BUY

The premier energy stock, particularly in natural gas. The last sell off was a sort of an ABC correction and did not violate the overall trend. This is at the bottom of its channel and is a good time to buy.

COMMENT

He has a model price of $70 giving it a 9% positive differential.

BUY ON WEAKNESS

Good management. Largest natural gas producer in Canada and have a big presence in the US. Could be a takeover candidate. Expect at correction this fall.

WEAK BUY

Current malaise, relates to the sudden bearishness of natural gas in Canada. If you are a 2 to 3 year holder, hold it, if you are buying buy at below 60.

TOP PICK

This group broke out in April/May, which is not the time oil and gas stocks are supposed to do well. Their gas assets are performing well. Their conventional oil sands exposure is really attractive. Expect that a lot of mature assets it spun into these master limited partnerships in the US.

COMMENT

This is his #1 position in his Canada Focus Fund. Getting close to his model price of $72.80. A 5.5% differential.

COMMENT

The market has really picked up on carbon. One of the major gas producers in North America with excellent properties in the North West.

Showing 781 to 795 of 1,420 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

John Zechner

J. Zechner & Assoc

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Encana Corp (ECA.TO)