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Encana Corporation Message Board

  • beaner9576 beaner9576 Mar 26, 2013 9:42 AM Flag

    Y hang to to ECA? Give 3 reasons.

    1. U like to lose. 2. U like garbage. 3. U R stupid.

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    • ewing1@sbcglobal.net ewing1 Mar 29, 2013 11:17 AM Flag

      Tuscaloosa Marine Shale

    • Natural gas storage is getting close to 5 year average and price is going up slowly. Plus natural gas consumption is also going up, LNG trucks, power plants as example.

      • 1 Reply to song_me_hae2003
      • If you don't mind I would like to add a cople of things to your comment based on some companies I own stock in. I do like garbage - Waste Management. I own a to of this stock because of all the things they do but also converting 85% of their truck fleet to CNG for pick up and LNG for moving consolidated loads to distant landfills. Chemical companies are building plants to use both methane to fire the crackers and NGL's for the feed stock. I own PSX which owns 1/2 of CP Chem and they are building 5 new chemical companies in the US. Shell is also getting involved in natural gas distribution and so is a Chinese company. The major railroads in the US & Canada are working with Caterpillar (EMD subsidiary) and GE who are the largest makers of locomotives in the US to build natural gas power plants to power the electric traction motors on their locomotives.

        Export will also becoming. They are already exporting NGL's and methane will follow. In the mean time if you are in at a good price and like dividends, then hold on. Their have been those on the board that challenge the dividend, but most have no idea how to read the cash flow reports.

 
ECA
23.26+0.93(+4.16%)Apr 16 4:00 PMEDT

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