|Bid||16.31 x 0|
|Ask||16.33 x 0|
|Day's Range||16.02 - 16.38|
|52 Week Range||10.54 - 17.94|
|PE Ratio (TTM)||19.19|
|Earnings Date||Apr 30, 2018 - May 4, 2018|
|Forward Dividend & Yield||0.08 (0.54%)|
|1y Target Est||15.40|
LONDON, UK / ACCESSWIRE / April 25, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Oil & Gas - E&P industry: Baytex Energy, Encana, Whitecap Resources, and Canadian Natural Resources. The TSX Venture Exchange shaved off 8.17 points, or 1.02%, to finish at 789.24. Today's stocks of interest consist of: Baytex Energy Corporation (TSX: BTE), Encana Corporation (TSX: ECA), Whitecap Resources Inc. (TSX: WCP), and Canadian Natural Resources Ltd (TSX: CNQ).
CALGARY, Alberta, April 24, 2018-- Encana Corporation will release its 2018 first quarter results and hold its Annual Meeting of Shareholders on Tuesday, May 1, 2018. The news release detailing Encana's ...
As of April 19, Reuters reported 23 analysts with recommendations on COP. Of these, ~17% have “strong buy” ratings, ~52% analysts have “buy” ratings, and ~31% analysts have “hold” ratings on COP. There’s no “sell” or “strong sell” recommendation on the stock.
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Encana Corporation (TSX:ECA) a safer option. Market participants who are conscious of risk tend toRead More...
In 4Q17, 15 hedge funds bought Encana (ECA) stock, and 41 hedge funds sold it. As of December 31, 2017, 44 hedge funds that had filed Form 13F held ECA in their portfolio, of which eight had ECA in their top ten holdings.
For 1Q18, Wall Street analysts expect Southwestern Energy (SWN) to report revenues of ~$870 million. Sequentially, Southwestern Energy’s 1Q18 revenue expectations are higher by ~8% when compared with 4Q17 revenues of ~$809 million. A strong year-over-year increase in Southwestern Energy’s 1Q18 production coupled with higher realized prices for natural gas, crude oil, and natural gas liquids are expected to impact SWN’s revenues positively.
Of the 30 analysts covering Encana (ECA) on April 16, 2018, ~30% recommended “strong buy,” ~67% recommended “buy,” and ~3% recommended “hold.” There were no “sell” or “strong sell” recommendations.
In the last four quarters, Encana (ECA) has beaten analysts’ EPS (earnings per share) estimates three times, missing their estimate in 3Q17. Encana announced its 4Q17 earnings on February 15, 2018, before the market opened. It reported revenue of ~$1.2 billion, higher than analysts’ estimate of ~$1.1 billion. The company beat analysts’ EPS estimate by $0.02 in 4Q17, reporting adjusted EPS of $0.12 against the $0.10 estimate. Following the earnings release, Encana stock fell from $11.23 to $10.48 in two weeks, despite beating estimates.
Wall Street analysts expect Encana’s (ECA) OCF (operating cash flow) to be ~$436 million in 1Q18, ~311% higher than its OCF of ~$106 million in 1Q17 and~18% higher than its OCF of ~$369 million in 4Q17. Its OCF is expected to be higher due to higher production. Analysts expect ECA’s 1Q18 capital expenditure to be ~$453 million, meaning ECA’s 1Q18 free cash flow could be negative.
Encana (ECA) has not given any specific production guidance for 1Q18. However, in its 4Q17 earnings press release, Encana provided guidance for fiscal 2018, when it expects total production of 360 Mboepd1–380 Mboepd, which represents a midpoint increase of ~18% from its production of 313.2 Mboepd in 2017.
In 1Q18, Wall Street analysts expect Encana (ECA) to report revenue of ~$1.22 billion, ~6% lower than its 1Q17 revenue of ~$1.3 billion and ~1% higher than its 4Q17 revenue of ~$1.21 billion. Despite Encana’s 1Q18 production and crude oil prices being expected to rise, Encana’s 1Q18 revenue estimate is lower, which could be attributed to lower expected market optimization revenue. Between 2017 and 2018, Encana’s production is expected to rise strongly, which we’ll study in the next part of this series.
Encana (ECA) is expected to report its 1Q18 earnings on April 30, 2018, before the market opens. In 1Q18, excluding any one-time items, Wall Street analysts’ net income estimate for Encana is ~$154 million, ~48% higher than its 1Q17 adjusted net income of ~$104 million. Excluding one-time items, ECA’s 1Q18 net income estimate is also ~35% higher than its net income of ~$114 million in 4Q17. Based on analysts’ net income estimate, ECA is expected to see an eighth consecutive quarter of profit in 1Q18. Encana’s 1Q18 earnings per share estimates
NEW YORK, NY / ACCESSWIRE / April 18, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
As of April 12, 2018, Reuters reported that 33 gave recommendations on Range Resources (RRC). Six analysts gave a “strong buy,” 11 analysts gave a “buy,” 13 analysts gave a “hold,” and two analysts gave “sell” recommendation on Range Resources. There was one “strong sell” recommendation on the stock.
Canada's main stock index was little changed on Friday as gains for the shares of mining and energy companies were offset by declines in financial stocks. * The Toronto Stock Exchange's S&P/TSX composite index closed up 4.7 points, or 0.03 percent, at 15,273.97. * Gold futures rose 0.5 percent to $1,344.6 an ounce.
ECA credit default swap spreads are within the middle of their range for the last three years. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Today we’re going to take a look at the well-established Encana Corporation (TSX:ECA). The company’s stock saw significant share price volatility over the past couple of months on the TSX,Read More...
The deal is also expected to give a boost to Encana's (ECA) five-year targets for strong cash flow generation along with high production growth.
CALGARY, Alberta, April 02, 2018-- Encana Corporation has reached an agreement with Keyera Partnership, a subsidiary of Keyera Corp., under which Keyera will acquire and fund the remaining development ...
Moody's Investors Service (Moody's) changed Veresen Midstream Limited Partnership's (VMLP) outlook to positive from stable. The Ba3 Corporate Family Rating (CFR), B1-PD Probability of Default Rating and ...
Insiders are buying, but should you? When company executives throw more of their wealth in their company, increasing their risk of exposure to one particular entity, sends a bullish signalRead More...
Stock Monitor: Aegean Marine Petroleum Network Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 27, 2018 / Active-Investors.com has just released a free earnings report on Encana Corp. (NYSE: ECA ...