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

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Encana Corp (ECA.TO)

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4.96

-0.23 (4.43%)

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

267 watching

BUY

He is positive on the price of gas. Hopefully the hedges of Tom Brown, their acquisition, are coming to an end. The company is following a fairly cautious course. Trades at a very reasonable multiple.

BUY

Feels that gas is at its bottom and will be moving up. This company is good quality, lots of reserves, and lots of control over their destiny. If it reaches $60, take some profits.

TOP PICK

(A Top Pick Jan 3/06. Up 2.1%.) Great hedge book that lasts into mid next year. A 5-year play. Natural gas is closer to the bottom of the market than the top. Good price.

COMMENT

Stock is down because of the warm weather and warm forecasts. Gassy and gassy stocks were weak today. Shouldn’t go down very much more. Getting close to a good entry point.

BUY

Has been in a long bear. It looked like it was going to break out above its Tops, fell back, but didn’t take out its lows. You are safer to buy when they break out, but if you buy in the congesting period, it’s OK, but don’t let it break down through its low.

HOLD

Believes natural gas has got to go higher. Thinks they did the right thing in cutting back on their capital expenditures. Fantastically well run.

SELL

Peaked mid 2005 and has been in a sideways pattern since. Not in an uptrend. Getting to the resistance level, which is where a trader should sell.

BUY

Leveraged to natural gas. Looks reasonable. A safe way to play natural gas.

BUY

Has been in a bear for a year and is now concluding. Shows a parallel trading range and it could go back down to the trading range or break out to a new high. Expects the latter will happen as the stock has been consolidating for a year.

TOP PICK

Gas prices have been hit so knocked the stock back. Production of gas in North America is falling and demand is increasing. Cheap price.

COMMENT

More gas oriented. Weather can affect the stock in the short term. He buys for the long-term.

TOP PICK

Have been ahead of the curve in virtually everything they’ve done. Trading at a substantial discount below their net asset value.

BUY

Expects natural gas prices to improve. Have shown some very good capital discipline by cutting back its cap-X. Lots of free cash flow. Will be buying back stock. Expect they will grow at a 5%-6% rate over the next couple of years.

HOLD

Feels they are in a restructuring mode. Had a high-growth mentality, but have now reined in the growth.

DON'T BUY

Doesn't think it will do much until natural gas prices recover, which probably won't be until next year.

Showing 841 to 855 of 1,420 entries

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Encana Corp (ECA.TO)