Encana Corp

ECA-T

TSE:ECA

4.96
0.23 (4.43%)
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.
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Analysis and Opinions about ECA-T

Signal
Opinion
Expert
COMMENT
COMMENT
February 5, 2019
Represents the entire Canadian energy patch. The energy sector is being abandoned as investors move into other areas. Very cheap, there's some leverage there, so you could have an above average year, but doesn't see it doubling in the next year.
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Encana Corp (ECA-T)
February 5, 2019
Represents the entire Canadian energy patch. The energy sector is being abandoned as investors move into other areas. Very cheap, there's some leverage there, so you could have an above average year, but doesn't see it doubling in the next year.
DON'T BUY
DON'T BUY
January 31, 2019
Don't see a lot of value in the Canadian Oil and Gas sector. There is some in the integrated companies. He would avoid the sector in general. (Analysts’ price target is $13.39)
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Encana Corp (ECA-T)
January 31, 2019
Don't see a lot of value in the Canadian Oil and Gas sector. There is some in the integrated companies. He would avoid the sector in general. (Analysts’ price target is $13.39)
TOP PICK
TOP PICK
January 29, 2019
It's oversold so finding good footing at $9. Good market cap size. Resistance at $11 with $8.70 as an exit. (Analysts’ price target is $13.59)
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Encana Corp (ECA-T)
January 29, 2019
It's oversold so finding good footing at $9. Good market cap size. Resistance at $11 with $8.70 as an exit. (Analysts’ price target is $13.59)
SELL STRENGTH
SELL STRENGTH
January 24, 2019
Normally we don't see this kind of movement. You have to take in the context. Looks pretty much oversold. A good dividend payer. Not a disaster. But would look for an exit at $12.
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Encana Corp (ECA-T)
January 24, 2019
Normally we don't see this kind of movement. You have to take in the context. Looks pretty much oversold. A good dividend payer. Not a disaster. But would look for an exit at $12.
COMMENT
COMMENT
January 21, 2019
It has had a really good run. The Canadian companies are being tarnished with the same brush. There will be turmoil in this sector for a long time. He considers this to be more of a trading stock.
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Encana Corp (ECA-T)
January 21, 2019
It has had a really good run. The Canadian companies are being tarnished with the same brush. There will be turmoil in this sector for a long time. He considers this to be more of a trading stock.
BUY
BUY
January 17, 2019
The Canadian inventory numbers today were quite bullish for gas. ECA-T has more exposure to US gas, however. It is a reasonable investment for the long term.
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Encana Corp (ECA-T)
January 17, 2019
The Canadian inventory numbers today were quite bullish for gas. ECA-T has more exposure to US gas, however. It is a reasonable investment for the long term.
COMMENT
COMMENT
December 31, 2018
They did a good move out of Canada a few years ago. They have better growth there. The street really soured on an acquisition they did. Global demand for oil seems to be coming back a little bit.
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Encana Corp (ECA-T)
December 31, 2018
They did a good move out of Canada a few years ago. They have better growth there. The street really soured on an acquisition they did. Global demand for oil seems to be coming back a little bit.
HOLD
HOLD
December 10, 2018
They track the oil price a lot more today than they did in the past. People think their recent acquisition was buying an asset in distress. It may take a while for the new acquisition to prove itself.
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Encana Corp (ECA-T)
December 10, 2018
They track the oil price a lot more today than they did in the past. People think their recent acquisition was buying an asset in distress. It may take a while for the new acquisition to prove itself.
WEAK BUY
WEAK BUY
December 7, 2018
The earnings forecast of $1.07 per share would suggest an intrinsic value of $22 and it trades around book value. It is cheap today if those forecasts come through. (Analysts’ price target is $18.08)
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Encana Corp (ECA-T)
December 7, 2018
The earnings forecast of $1.07 per share would suggest an intrinsic value of $22 and it trades around book value. It is cheap today if those forecasts come through. (Analysts’ price target is $18.08)
DON'T BUY
DON'T BUY
November 28, 2018
They did a recent transaction to add to their US business. Management tried to right size the ship, but their long term return on capital is not as good as others. He would not call it the highest quality in the space.
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Encana Corp (ECA-T)
November 28, 2018
They did a recent transaction to add to their US business. Management tried to right size the ship, but their long term return on capital is not as good as others. He would not call it the highest quality in the space.
SPECULATIVE BUY
SPECULATIVE BUY
November 20, 2018
There's been a lot of volatility in natural gas. ECA has been in the dog-house too long. This entire space (oil, gold, commodities) is too cyclical for his tastes. But ECA now has a good valuation, and as investors sell off America, ECA could benefit from this inflow back into Canadian natural resources.
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Encana Corp (ECA-T)
November 20, 2018
There's been a lot of volatility in natural gas. ECA has been in the dog-house too long. This entire space (oil, gold, commodities) is too cyclical for his tastes. But ECA now has a good valuation, and as investors sell off America, ECA could benefit from this inflow back into Canadian natural resources.
DON'T BUY
DON'T BUY
November 16, 2018
They are challenged because they just bought Newfield. Can Encana do their thing with what the street thought were not good assets. It is extremely inexpensive, but he would not be buying this name now.
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Encana Corp (ECA-T)
November 16, 2018
They are challenged because they just bought Newfield. Can Encana do their thing with what the street thought were not good assets. It is extremely inexpensive, but he would not be buying this name now.
PARTIAL BUY
PARTIAL BUY
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.

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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.

BUY
BUY
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.

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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.

HOLD
HOLD
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.

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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.

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