ECA - Encana Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
6.12
-0.36 (-5.56%)
As of 10:43AM EDT. Market open.
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Previous Close6.48
Open6.30
Bid6.05 x 46000
Ask6.06 x 2200
Day's Range6.03 - 6.30
52 Week Range5.00 - 14.28
Volume7,482,043
Avg. Volume26,316,332
Market Cap8.639B
Beta (3Y Monthly)1.55
PE Ratio (TTM)9.40
EPS (TTM)0.65
Earnings DateN/A
Forward Dividend & Yield0.07 (1.08%)
Ex-Dividend Date2019-06-13
1y Target Est10.61
Trade prices are not sourced from all markets
  • Are Investors Undervaluing Encana (ECA) Right Now?
    Zacksyesterday

    Are Investors Undervaluing Encana (ECA) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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    The Top 5 Buys of T Boone Pickens' BP Capital

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  • Alberta Production Cuts Boost Oil & Gas Canadian E&P Industry
    Zacks7 days ago

    Alberta Production Cuts Boost Oil & Gas Canadian E&P Industry

    Alberta Production Cuts Boost Oil & Gas Canadian E&P; Industry

  • Oil & Gas Stock Roundup: Diamondback and Marathon Petroleum Report Q1 Earnings
    Zacks8 days ago

    Oil & Gas Stock Roundup: Diamondback and Marathon Petroleum Report Q1 Earnings

    Permian pure play Diamondback Energy (FANG) reported better-than-expected first-quarter earnings. Meanwhile, refiner Marathon Petroleum (MPC) swung to a surprise loss.

  • Encana (ECA) Extends Hot Streak as Q1 Earnings Top Estimates
    Zacks16 days ago

    Encana (ECA) Extends Hot Streak as Q1 Earnings Top Estimates

    Encana (ECA) delivered its sixth earnings beat in as many quarters on the back of increased production volumes and higher oil price realizations.

  • ECA or CNQ: Which Is the Better Value Stock Right Now?
    Zacks17 days ago

    ECA or CNQ: Which Is the Better Value Stock Right Now?

    ECA vs. CNQ: Which Stock Is the Better Value Option?

  • Is Encana (ECA) a Great Value Stock Right Now?
    Zacks17 days ago

    Is Encana (ECA) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Thomson Reuters StreetEvents20 days ago

    Edited Transcript of ECA.TO earnings conference call or presentation 30-Apr-19 1:00pm GMT

    Q1 2019 Encana Corp Earnings Call

  • GlobeNewswire23 days ago

    Encana reports on the election of directors voting results from the 2019 Annual Meeting of Shareholders

    CALGARY, Alberta, April 30, 2019 -- (TSX, NYSE: ECA) The following matter was voted upon at the Annual Meeting of Shareholders of Encana Corporation (the “Corporation”) held on.

  • Reuters23 days ago

    CANADA STOCKS-TSX falls as weak economic data weighs on sentiment

    Canada's main stock index was little changed on Tuesday, as an unexpected contraction of economic growth soured investor sentiment, offsetting gains in the energy sector. * At 9:37 a.m. ET , the Toronto ...

  • Reuters23 days ago

    Encana raises savings target from Newfield deal, profit beats

    Canadian oil and gas producer Encana Corp said on Tuesday it expects cost savings from its acquisition of Newfield Exploration to be 20 percent higher than its estimates, and reported a 6 percent rise in quarterly adjusted profit as it sold oil at higher prices. The company bought Newfield for $5.5 billion in November to boost its operations in the SCOOP and STACK region, a fast-growing shale oil field in the Anadarko basin in Oklahoma. Encana said it now expects to deliver annual general and administrative savings of at least $150 million from the Newfield deal.

  • ACCESSWIRE23 days ago

    EnCana Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / April 30, 2019 / EnCana Corp. (NYSE: ECA ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 30, 2019 at 9:00 AM Eastern Time. ...

  • Associated Press23 days ago

    Encana: 1Q Earnings Snapshot

    On a per-share basis, the Calgary, Alberta-based company said it had a loss of 20 cents. Earnings, adjusted for non-recurring costs and restructuring costs, came to 14 cents per share. The results topped ...

  • GlobeNewswire23 days ago

    Encana reports 2019 first quarter financial and operating results

    Company increases targeted G&A synergies and achieves Anadarko well cost reductions identified in Newfield acquisition; Full year 2019 capital investment plan and production.

  • Will Upstream Segment Boost Chevron's (CVX) Q1 Earnings?
    Zackslast month

    Will Upstream Segment Boost Chevron's (CVX) Q1 Earnings?

    While pricing and output gains are likely to fuel Chevron's (CVX) upstream unit in Q1, the downstream segment is expected to feel the heat of weak margins.

  • Encana (ECA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
    Zackslast month

    Encana (ECA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

    Encana (ECA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • What's in Store for National Oilwell's (NOV) Q1 Earnings?
    Zackslast month

    What's in Store for National Oilwell's (NOV) Q1 Earnings?

    Capital discipline undertaken by various energy explorers is likely to affect the performance of National Oilwell (NOV).

  • Is a Beat Likely for TechnipFMC (FTI) This Earnings Season?
    Zackslast month

    Is a Beat Likely for TechnipFMC (FTI) This Earnings Season?

    Ramped-up upstream activities and increasing inbound orders amid crude uptick in the first quarter of 2019 bode well for TechnipFMC (FTI).

  • MarketWatchlast month

    Chesapeake Energy shares tumble after Goldman downgrades to sell

    Chesapeake Energy shares slid 4% Friday, after Goldman Sachs downgraded the stock to sell and said it expects the company to have less favorable supply cost and corporate returns than rivals. Analysts led by Brian Singer said an analysis of U.S. supply cost/competitive positioning implications from 2018 reserve reports and its own projections for 2019 cash margins found that the median U.S. supply cost to achieve an 11% after-tax rate of return is $53 a barrel. That supports a $50 to $55 a barrel price range for West Texas Intermediate, the U.S. benchmark. Goldman's mid-cycle price is at the upper end of that range. Analysts are advising clients to buy low cost oil suppliers, Encana Corp. , Parsley Energy Inc. , Pioneer Natural Resources Co. , EOG Resources Inc. and Chevron Corp. , all of which are buy rated. (The note was published ahead of Chevron's acquisition earlier today of Anadarko Petroleum Corp.) Goldman is recommending selling stocks where their valuation post rally appears at odds with competitive positioning, downgrading Cheseapeake, California Resources Corp. and upgrading Murphy Oil Corp. to neutral. For Chesapeake, " we see less favorable supply cost and corporate returns and believe further leverage improvement is still warranted post-WRD (Wildhorse) acquisition," they wrote in a note. Chesapeake shares have gained 1.3% in the last 12 months, while the S&P 500 has gained 8.9%.

  • GlobeNewswirelast month

    Encana to hold conference call and webcast for 2019 first quarter results on Tuesday, April 30, 2019

    CALGARY, Alberta, April 10, 2019 -- Encana Corporation (NYSE, TSX: ECA) plans to release its 2019 first quarter financial and operating results prior to market open on Tuesday,.

  • Will Encana (ECA) Beat Estimates Again in Its Next Earnings Report?
    Zackslast month

    Will Encana (ECA) Beat Estimates Again in Its Next Earnings Report?

    Encana (ECA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • ECA Stock Is Right Where It Needs to Be as Oil Prices Start Rising
    InvestorPlace2 months ago

    ECA Stock Is Right Where It Needs to Be as Oil Prices Start Rising

    After weeks of stagnation, Encana (NYSE:ECA) is poised for bigger things. The Canadian exploration and production company completed its purchase of Newfield Exploration in February. ECA stock could finally see a move higher for a couple of reasons.Source: Shutterstock This makes Encana the second-largest producer of unconventional resources in North America. More important, the company also appears poised to benefit from rising oil prices.Due to the increasing value of its unconventional energy, Encana stock looks poised to drill for increasing value.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The Elite 8 Stocks to Buy for Massive Outperformance ECA Stock and an Oil-Focussed ApproachBased in Calgary, Alberta, Encana owns key assets in the Duvernay and Montney resources in the Canadian Rockies. ECA also benefits from substantial holdings in Texas's Permian Basin and Eagle Ford shales.Now, the Newfield deal brings access to fields in the Anadarko Basin in Oklahoma. Moreover, much like its embattled peer Chesapeake Energy (NYSE:CHK), it moves to decrease its dependence on natural gas. Thanks to the assets from Newfield, liquids will now make up more than 50% of the company's total production.ECA also has moved to enhance its financial stability. It has paid down more than half of the debt it had built up from the energy boom in the early part of the decade.Holding $3.7 billion in long-term debt may look heavy compared to its $7.45 billion in stockholders' equity. Still, it compares well to close competitors such as Marathon Oil (NYSE:MRO) and larger peers such as ConocoPhillips (NYSE:COP) The Encana RecoverySince hitting lows in 2016, revenues have trended higher every year. The company returned to profitability in 2017. Despite falling back this year, analysts expect profit growth to resume next year. On average, Wall Street forecasts 12.52% earnings growth per year over the next five years for ECA. And this stands despite a forward price-to-earnings (PE) ratio of only 7.6.In some respects, one can understand the low multiple. Encana operates in the volatile upstream oil market. Exploration and production companies depend on higher oil prices to remain profitable. Hence, ECA and its peers will likely take a hit if another oil price slump occurs.Indeed, the oil price slump of late last year took the stock from the $13 per share level to as low as $5 per share by late December. It quickly recovered to the $7 per share level by mid-January. However, ECA has seen little movement since then. OPEC and ECA stockThat could change. Due to the Newfield deal, Encana raised its dividend from 1.5 cents to 1.9 cents per share every quarter. Moreover, ECA shareholders appear positioned to receive a much larger "payout" thanks to OPEC.As oil prices go so goes upstream oil stocks. This becomes even more true for ECA as the production of liquids becomes increasingly important. Members of OPEC and ten non-OPEC countries instituted production cuts in early January. This had led to a substantial turnaround.WTI Crude briefly traded below $43 per barrel in late December. Now with the reductions, prices have rebounded above $60 per barrel. If the market can sustain or exceed that price point on oil, ECA \will probably receive the boost it needs to return to double-digit price levels. Final Thoughts on ECA StockDue to a de facto status as a proxy for oil price, ECA stock should rise along with these prices. The recent purchase of Newfield makes Encana more of an oil than a natural gas company.For this reason, it stands to benefit more from rising oil prices than it had in the past. Now, with the OPEC-led production costs pushing oil prices higher, its drilling activity should lead to more profits.As things stand now, the production cut will only hold until the end of June. Admittedly, if production cuts end and prices fall back, the near-term investment prospects could fall apart. Still, for at least the next three months, investors should like what they see from ECA stock.As of this writing, Will Healy is long CHK stock. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post ECA Stock Is Right Where It Needs to Be as Oil Prices Start Rising appeared first on InvestorPlace.

  • Why Is Encana (ECA) Down 0.1% Since Last Earnings Report?
    Zacks2 months ago

    Why Is Encana (ECA) Down 0.1% Since Last Earnings Report?

    Encana (ECA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Bulls bet on one energy name. Plus: where Bristol-Myers may be heading
    CNBC Videoslast month

    Bulls bet on one energy name. Plus: where Bristol-Myers may be heading

    "Halftime Report" trader Jon Najarian spots unusual options activity in shares of Encana and Bristol-Myers. Plus, a trade update on FedEx.