Encana Corp Just Recorded A Sigfniciant Decline

 Encana Corp Just Recorded A Sigfniciant Decline

The stock of Encana Corp (TSE:ECA) is a huge mover today! About 943,675 shares traded hands. Encana Corp (TSE:ECA) has risen 84.16% since April 21, 2016 and is uptrending. It has outperformed by 78.75% the S&P500.
The move comes after 9 months negative chart setup for the $15.92B company. It was reported on Nov, 25 by Barchart.com. We have $15.28 PT which if reached, will make TSE:ECA worth $1.11 billion less.

Encana Corp (TSE:ECA) Ratings Coverage

Out of 8 analysts covering Encana Corporation (TSE:ECA), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. Encana Corporation has been the topic of 25 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Friday, November 18, the company rating was maintained by TD Securities. The company was maintained on Friday, November 4 by TD Securities. RBC Capital Markets maintained Encana Corp (TSE:ECA) rating on Tuesday, December 15. RBC Capital Markets has “Sector Perform” rating and $13.75 price target. TD Securities maintained Encana Corp (TSE:ECA) on Friday, August 19 with “Buy” rating. The firm has “Top Pick” rating by Scotia Capital given on Friday, November 4. The stock of Encana Corp (TSE:ECA) has “Sector Perform” rating given on Friday, July 22 by RBC Capital Markets.

More notable recent Encana Corp (TSE:ECA) news were published by: Foxbusiness.com which released: “Encana Corp: It’s All About the Margins” on November 23, 2016, also Fool.com with their article: “What Encana Corp’s CEO Wants Investors to Know About Its Growth Plan” published on November 14, 2016, Fool.com published: “3 Standout Numbers From Encana Corp’s Q3 Report” on November 04, 2016. More interesting news about Encana Corp (TSE:ECA) were released by: Business.Financialpost.com and their article: “Cost cutting pays off as Encana Corp posts unexpected profit” published on November 03, 2016 as well as Fool.ca‘s news article titled: “Royal Bank of Canada Upgrades Encana Corp.: Time to Buy?” with publication date: November 16, 2016.

Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids . The company has a market cap of $15.92 billion. The Company’s activities also include the marketing of natural gas, oil and NGLs. It currently has negative earnings. All of its reserves and production are located in North America.

ECA.TO Company Profile

Encana Corporation, incorporated on January 1, 2006, is an energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company’s activities also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Firm operates through three divisions: Canadian Operations, USA Operations and Market optimization.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment