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

Home

Daily Stock Opinions and Ratings

Encana Corp (ECA.TO)

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

4.96

-0.23 (4.43%)

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

267 watching

BUY

Its holdings in the oil sands is not been recognised so you pretty much get them for free. There is talk that this would be spun out. There is $10/15 unrecognised value in this stock.

BUY

The price of natural gas in the short-term is very low. They are working on resurfacing value. On a longer view, the price of gas will come back and the stock should do extremely well.

BUY

Model price is $71.30 which is a positive 25% differential.

BUY

Has been in a narrow trading range of between $50/58. It is now starting a new up leg. Believes all oil stocks are heading higher.

BUY ON WEAKNESS

Has excellent exposure in North America. Great gas exposure. A long-term hold. Would like to see it a bit cheaper.

BUY

Peaked at $70, and dropped to below $50, and he started buying it in the mid-$50. The price of gas has started to turn around. There are going to be tight gas markets until the Mackenzie Valley pipeline goes through. Will be appealing to US investors.

BUY

A buying opportunity. Natural gas from hurricane Katrina days to last month, fell by 60/65%. Natural gas in storage is at very high levels right now. The ratio of oil to gas is around 9 to 1. Historically, it is around 6 to 1.

TOP PICK

Has pulled back, giving an opportunity to buy. This company hedges a lot of their gas. Gas over the second half of the year will do well. There wasn't much drilling so there will be a shortage of supply.

WAIT

Good quality company. Natural gas prices have to demonstrate that they can rise again. Surplus of natural gas is well beyond what we have seen in the last 10 years. Would hope to buy these companies at a cheaper rate in the next few months.

TOP PICK

Has lagged about 25% compare to its peer group. Trading at a big discount at 5 X cash flow Hedged 97% of their 2006 natural gas production at $7.20. On track to deliver 10% plus production growth over the next five years.

TOP PICK

For those who do not have a good energy exposure, this one has underperformed the oil/gas energy group by about 30% over the last year. It has the potential to catch up.

COMMENT

Natural gas is still reasonable value. If it is a mild or temperate summer, then gas demands will be low.

TOP PICK

Benchmark name in natural gas. Relatively inexpensive because it dropped when natural gas prices dropped. Low natural gas price is not sustainable. Huge reserve life.

BUY

Slid down with natural gas. Natural gas seems to have bought and here and may go a little bit higher.

TOP PICK

Natural gas collapsed from about $15 to around $7. They have hedged their gas at around $7.50. Feels there will be a shortage of gas down the road because of the shortage of drilling last winter. Have done a great job of clearing out poor assets.

Showing 931 to 945 of 1,420 entries

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)