Encana Corp (ECA-T) Stock Predictions - Stockchase
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1362
Encana Corp (ECA-T)

ON STOCKCHASE SINCE Dec 2001

merger of Alberta Energy and Pan Canadian

oil/gas

Encana Corp Encana Corp
ECA-T

209 1362
oil/gas

Encana Corp (ECA-T) SAVE

14.71

0.17 (1.17%)

Oct, 20, 2018, 12:00 am

OPINIONS

About Encana Corp (ECA-T)

Encana Corporation produces, transports and markets natural gas, oil and natural gas liquids. It was formed in 2002 and descends from the 19th century Canadian Pacific Railway and 'Canadian Pacific Oil and Gas' in the 20th century, respectively. More at Wikipedia

What the experts are saying about ECA-T



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Signal Opinion Expert
PARTIAL BUY
Encana Corp(ECA-T) 

October 22, 2018

The analysts generally like this stock but you have to look at what the commodity will do.  A year out the Gas outlook is neutral in his opinion.  He does not believe analysts' targets.  He would accumulate here to trade it at the top of the range.

oil/gas

The analysts generally like this stock but you have to look at what the commodity will do.  A year out the Gas outlook is neutral in his opinion.  He does not believe analysts' targets.  He would accumulate here to trade it at the top of the range.

oil/gas
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$0.000
Owned Owned
Unknown

BUY
Encana Corp(ECA-T) 

October 9, 2018

This is a liquids-rich player in the Permian basin and in the Canadian Montney. They just announced sale of their San Juan assets for $400 million US dollars. Their debt at the end of Q2 was $4 billion, so this helps them knock that down significantly. The company is growing its production in its core areas, both in Canada and the US. Institutional investors like this stock a lot. They are using their land much more efficiently than is typical. Rather than drilling 8 wells per pad, they can drill at multiple levels and take oil from 50 wells per pad. The company also uses walking rigs to make all this drilling more efficient. This is a name that investors want to own for the long term.

oil/gas

This is a liquids-rich player in the Permian basin and in the Canadian Montney. They just announced sale of their San Juan assets for $400 million US dollars. Their debt at the end of Q2 was $4 billion, so this helps them knock that down significantly. The company is growing its production in its core areas, both in Canada and the US. Institutional investors like this stock a lot. They are using their land much more efficiently than is typical. Rather than drilling 8 wells per pad, they can drill at multiple levels and take oil from 50 wells per pad. The company also uses walking rigs to make all this drilling more efficient. This is a name that investors want to own for the long term.

oil/gas
Josef Schachter

President, Schachter Asset Mana...

Price Price
$16.320
Owned Owned
Unknown

HOLD
Encana Corp(ECA-T) 

September 14, 2018

This is a fine company, he says. There remains funds flow out of this sector and this is hurting the large caps like this one.

oil/gas

This is a fine company, he says. There remains funds flow out of this sector and this is hurting the large caps like this one.

oil/gas
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$15.890
Owned Owned
No

PAST TOP PICK
Encana Corp(ECA-T) 

August 22, 2018

(Past Top Pick, July 21, 2017, Up 37%) Tremendous assets with many in America. Great management. He wouldn't buy more today, but would hold on. 

oil/gas

(Past Top Pick, July 21, 2017, Up 37%) Tremendous assets with many in America. Great management. He wouldn't buy more today, but would hold on. 

oil/gas
Michael Sprung

President, Sprung Investment Ma...

Price Price
$16.780
Owned Owned
Yes

COMMENT
Encana Corp(ECA-T) 

July 5, 2018

5 times earnings.  It might go to $18 a few years out, if oil does well.  That is the bigger call.  ECA-T got out of Canada, made an acquisition and paid the debt down.  It is a decent play on energy.  It is behaving much more like a US energy name.

oil/gas

5 times earnings.  It might go to $18 a few years out, if oil does well.  That is the bigger call.  ECA-T got out of Canada, made an acquisition and paid the debt down.  It is a decent play on energy.  It is behaving much more like a US energy name.

oil/gas
Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$16.700
Owned Owned
Unknown

BUY
Encana Corp(ECA-T) 

April 3, 2018

Solid. Always liked it. $16 target. Hold on, but be ready to pull the trigger.

oil/gas

Solid. Always liked it. $16 target. Hold on, but be ready to pull the trigger.

oil/gas
Jaime Carrasco

Portfolio , Canaccord Genuity...

Price Price
$13.770
Owned Owned
No

WATCH
Encana Corp(ECA-T) 

February 12, 2018

It has been focusing on selling off non-core assets.  Core assets grew by 30%.  They are planning to grow production by 18-35%.  They were mostly a natural gas player and now have moved liquids percentages up.  Splitting it up was a big mistake.  There may be some more downside and then it will go up.  He thinks there is an energy bull market coming.

oil/gas

It has been focusing on selling off non-core assets.  Core assets grew by 30%.  They are planning to grow production by 18-35%.  They were mostly a natural gas player and now have moved liquids percentages up.  Splitting it up was a big mistake.  There may be some more downside and then it will go up.  He thinks there is an energy bull market coming.

oil/gas
Josef Schachter

President, Schachter Asset Mana...

Price Price
$13.670
Owned Owned
Unknown

SELL
Encana Corp(ECA-T) 

February 12, 2018

Been in the $9-14 range, so it looks like a "goal post" stock. Likely won't move outside this range. Reward yourself at $14 and sell.

oil/gas

Been in the $9-14 range, so it looks like a "goal post" stock. Likely won't move outside this range. Reward yourself at $14 and sell.

oil/gas
Elliott Fishman

Director o, Trading Services Gro...

Price Price
$13.670
Owned Owned
Unknown

COMMENT
Encana Corp(ECA-T) 

December 15, 2017

The balance sheet has gotten a lot better, but still not ironclad. Trading at 2.2X Debt to Cash Flow for 2018. If oil/gas gets really challenged, that could be a problem. It’s still not cheap on a 2018 multiple, but they have really nice production growth. Thinks they are going to do 17% over his forecast, which leads to Cash Flow per share of about 35%. Balance sheets are going to look a lot better in 2019 and their valuations are going to start to look better at that time. They had a bad debt situation a couple of years ago, but have had a Herculean turnaround. He probably would not want to be in the energy sector at these levels.

oil/gas

The balance sheet has gotten a lot better, but still not ironclad. Trading at 2.2X Debt to Cash Flow for 2018. If oil/gas gets really challenged, that could be a problem. It’s still not cheap on a 2018 multiple, but they have really nice production growth. Thinks they are going to do 17% over his forecast, which leads to Cash Flow per share of about 35%. Balance sheets are going to look a lot better in 2019 and their valuations are going to start to look better at that time. They had a bad debt situation a couple of years ago, but have had a Herculean turnaround. He probably would not want to be in the energy sector at these levels.

oil/gas
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$14.270
Owned Owned
Unknown

BUY
Encana Corp(ECA-T) 

November 13, 2017

His big holding has been SU-T which has done relatively well because it was east/west upstream/downstream.  It has done very well.  Companies like ECA-T and CVE-T have been hit hard and smaller ones have been obliterated.  Oil is a long way from $25.  With the uncertainty and the threat of civil war in the middle east, companies like this could continue to do very well.

oil/gas

His big holding has been SU-T which has done relatively well because it was east/west upstream/downstream.  It has done very well.  Companies like ECA-T and CVE-T have been hit hard and smaller ones have been obliterated.  Oil is a long way from $25.  With the uncertainty and the threat of civil war in the middle east, companies like this could continue to do very well.

oil/gas
Brendan Caldwel

President, Caldwell Securities...

Price Price
$15.600
Owned Owned
No

COMMENT
Encana Corp(ECA-T) 

October 20, 2017

The market tries to like it, and then gets overwhelmed by commodity prices. Although we are enjoying nice weather, that is not good for natural gas prices, so it’s pulled back again in the short term, and the group has pulled back pretty substantially in the past couple of weeks, so the 2-week outlook doesn’t look so great, even though the storage situation is not too bad. Being big and liquid, this company is viewed as one of the 2 “go to” gas names for Americans. He would prefer something with a bit better growth if you are going to go to gas, such as Paramount (POU-T).

oil/gas

The market tries to like it, and then gets overwhelmed by commodity prices. Although we are enjoying nice weather, that is not good for natural gas prices, so it’s pulled back again in the short term, and the group has pulled back pretty substantially in the past couple of weeks, so the 2-week outlook doesn’t look so great, even though the storage situation is not too bad. Being big and liquid, this company is viewed as one of the 2 “go to” gas names for Americans. He would prefer something with a bit better growth if you are going to go to gas, such as Paramount (POU-T).

oil/gas
Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$14.340
Owned Owned
No

DON'T BUY
Encana Corp(ECA-T) 

October 17, 2017

He doesn’t care much for this. It closed at $14.17 and his model price is $15.08, a 6% upside. Pays a very puny dividend. He would prefer others such as Imperial Oil (IOL-T) or Suncor (SU-T).

oil/gas

He doesn’t care much for this. It closed at $14.17 and his model price is $15.08, a 6% upside. Pays a very puny dividend. He would prefer others such as Imperial Oil (IOL-T) or Suncor (SU-T).

oil/gas
Brian Acker, CA

Chief Exec, Acker Finley Inc....

Price Price
$14.300
Owned Owned
Unknown

COMMENT
Encana Corp(ECA-T) 

October 3, 2017

Sitting on a very good property in the Montney, and everybody is excited about shale now in Canada. He is not big on fossil fuels, and doesn’t own any. If he were going to own any, it might be this company because of the quality of the real estate they are sitting on, and that gas is the future of energy.

oil/gas

Sitting on a very good property in the Montney, and everybody is excited about shale now in Canada. He is not big on fossil fuels, and doesn’t own any. If he were going to own any, it might be this company because of the quality of the real estate they are sitting on, and that gas is the future of energy.

oil/gas
David Baskin

President, Baskin Wealth Manage...

Price Price
$14.500
Owned Owned
No

PARTIAL SELL
Encana Corp(ECA-T) 

October 2, 2017

It had a huge run over the last 4 or 5 weeks and now the period of seasonal strength comes to an end.  Nat. gas prices have broken key support levels so it does not look good for this one.  This year we are in a downward trending.  Take some money off the table and look for better opportunities.

oil/gas

It had a huge run over the last 4 or 5 weeks and now the period of seasonal strength comes to an end.  Nat. gas prices have broken key support levels so it does not look good for this one.  This year we are in a downward trending.  Take some money off the table and look for better opportunities.

oil/gas
Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$14.550
Owned Owned
Unknown

COMMENT
Encana Corp(ECA-T) 

September 28, 2017

They’ve done a really good job to improve themselves. Their debt to cash flow is 2.3% for 2018, which is not bad compared to where they where. The valuation is really improving at 6.9% for 2018 versus 7.1% for its peers. The energy space continues to be very challenged. He only sees 2% production growth. This would not be his favourite name in energy.

oil/gas

They’ve done a really good job to improve themselves. Their debt to cash flow is 2.3% for 2018, which is not bad compared to where they where. The valuation is really improving at 6.9% for 2018 versus 7.1% for its peers. The energy space continues to be very challenged. He only sees 2% production growth. This would not be his favourite name in energy.

oil/gas
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$14.610
Owned Owned
Unknown

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