|Bid||6.35 x 0|
|Ask||6.36 x 0|
|Day's Range||6.12 - 6.36|
|52 Week Range||6.12 - 18.54|
|Beta (3Y Monthly)||2.76|
|PE Ratio (TTM)||9.77|
|Earnings Date||Jul 30, 2019 - Aug 6, 2019|
|Forward Dividend & Yield||0.10 (1.42%)|
|1y Target Est||13.70|
"Halftime Report" trader Jon Najarian spots unusual options activity in shares of Encana and Bristol-Myers. Plus, a trade update on FedEx.
Encana Corp NYSE:ECAView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for ECA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $613 million over the last one-month into ETFs that hold ECA are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. ECA credit default swap spreads are rising towards their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Encana Corporation...
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
CALGARY , June 10, 2019 /CNW/ - Encana Corporation (NYSE, TSX: ECA) today provided an update on its share buyback program and disclosed its intention to execute a substantial issuer bid (SIB) to fulfill its previously announced 2019 share buyback. In addition, the Company signed an agreement to exit China , strengthened its production outlook for the second quarter of 2019 and reiterated its original capital investment plan.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! This article is for investors who would like to improve their understanding of price to earnings rati...
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.
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 ...
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.
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. ...
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 ...
Company increases targeted G&A synergies and achieves Anadarko well cost reductions identified in Newfield acquisition; Full year 2019 capital investment plan and production.
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If you want to know who really controls Encana Corporation (TSE:ECA), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, ins...
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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%.
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,.