Encana Corporation Company Profile (NYSE:ECA)

About Encana Corporation

Encana Corporation logoEncana 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 (NGLs). The Company's operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Company operates through three segments: Canadian Operations, USA Operations and Market optimization. The Company's Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. Market Optimization segment is responsible for the sale of the Company's production and managing the associated netback price. Market Optimization sells the Company's upstream production to third-party customers.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Major Integrated Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ECA
  • CUSIP:
Key Metrics:
  • Previous Close: $12.18
  • 50 Day Moving Average: $12.78
  • 200 Day Moving Average: $11.25
  • 52-Week Range: $3.12 - $13.85
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.33
  • P/E Growth: -0.63
  • Market Cap: $11.16B
  • Outstanding Shares: 973,000,000
  • Beta: 1.94
Profitability:
  • Net Margins: -40.77%
  • Return on Equity: 1.79%
  • Return on Assets: 0.68%
Debt:
  • Debt-to-Equity Ratio: 0.67%
  • Current Ratio: 1.35%
  • Quick Ratio: 1.35%
Additional Links:
Companies Related to Encana Corporation:

Analyst Ratings

Consensus Ratings for Encana Corporation (NYSE:ECA) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 13 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $13.67 (19.20% upside)

Analysts' Ratings History for Encana Corporation (NYSE:ECA)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017GMP SecuritiesDowngradeBuy -> HoldView Rating Details
2/16/2017J P Morgan Chase & CoReiterated RatingStrong-BuyView Rating Details
2/9/2017DesjardinsReiterated RatingHold$13.75View Rating Details
1/27/2017TD SecuritiesDowngradeBuy -> HoldView Rating Details
1/24/2017MacquarieUpgradeNeutral -> OutperformView Rating Details
1/20/2017KLR GroupUpgradeAccumulate -> Buy$16.00View Rating Details
1/11/2017Societe GeneraleUpgradeSell -> HoldView Rating Details
1/4/2017RBC Capital MarketsReiterated RatingBuy$15.00View Rating Details
11/4/2016BMO Capital MarketsReiterated RatingBuy$14.00View Rating Details
11/4/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$13.00View Rating Details
10/19/2016Jefferies Group LLCReiterated RatingBuy$14.00View Rating Details
10/11/2016Barclays PLCUpgradeEqual Weight -> Overweight$10.00 -> $14.00View Rating Details
10/6/2016AltaCorp CapitalUpgradeUnderperform -> Sector PerformView Rating Details
10/6/2016Deutsche Bank AGBoost Price TargetBuy$13.00 -> $15.00View Rating Details
10/6/2016Credit Suisse GroupInitiated CoverageOutperform$14.00View Rating Details
9/30/2016CIBCUpgradeSector Perform$8.00 -> $12.00View Rating Details
9/30/2016Citigroup Inc.UpgradeNeutral -> Buy$10.00 -> $13.00View Rating Details
9/26/2016NomuraReiterated RatingBuy$17.00View Rating Details
9/20/2016Morgan StanleySet Price TargetHold$11.00View Rating Details
9/20/2016Scotia Howard WeillDowngradeSector Perform -> UnderperformView Rating Details
9/20/2016ScotiabankDowngradeSector Perform -> UnderperformView Rating Details
7/26/2016FirstEnergy CapitalUpgradeMarket Perform -> OutperformView Rating Details
5/20/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuyView Rating Details
4/15/2016Evercore ISIDowngradeBuy -> Hold$9.00 -> $8.00View Rating Details
10/21/2015Sanford C. BernsteinLower Price TargetMarket-Perform$9.00 -> $8.40View Rating Details
7/21/2015Seaport Global SecuritiesLower Price TargetAccumulate$15.00 -> $11.00View Rating Details
4/13/2015Bank of America CorpUpgradeNeutral -> Buy$14.00View Rating Details
3/27/2015Imperial CapitalInitiated CoverageIn -> line$14.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Encana Corporation (NYSE:ECA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/16/2017Q416$0.03$0.09$782.35 millionViewN/AView Earnings Details
11/3/2016Q316($0.04)$0.04$718.32 millionViewN/AView Earnings Details
7/21/2016Q216($0.09)$0.10$709.89 millionViewListenView Earnings Details
5/3/2016Q116($0.12)($0.15)$695.44 millionViewN/AView Earnings Details
2/24/2016Q415$0.01$0.13$994.00 millionViewListenView Earnings Details
11/12/2015Q315($0.04)($0.03)$1.09 billionViewListenView Earnings Details
7/24/2015Q215($0.15)($0.20)$1.14 billionViewListenView Earnings Details
5/12/2015Q115($0.09)$0.01$1.21 billionViewListenView Earnings Details
2/25/2015Q414$0.21$0.05$1.52 billionViewN/AView Earnings Details
11/12/2014Q314$0.46$0.38$1.69 billionViewN/AView Earnings Details
7/24/2014Q214$0.27$0.23$1.61 billionViewN/AView Earnings Details
5/13/2014Q114$0.53$0.70$1.88 billionViewN/AView Earnings Details
2/19/2014Q413$0.20$0.31$1.53 billionViewN/AView Earnings Details
10/23/2013Q313$0.16$0.20$1.49 billionViewN/AView Earnings Details
7/24/2013Q213$0.17$0.34$1.46 billionViewN/AView Earnings Details
4/23/2013Q113$0.04$0.24$1.31 billionViewN/AView Earnings Details
2/14/2013Q412$0.33$0.40$1.58 billionViewN/AView Earnings Details
10/24/2012$0.26$0.36ViewN/AView Earnings Details
7/25/2012$0.19$0.27ViewN/AView Earnings Details
4/25/2012($0.04)$0.33ViewN/AView Earnings Details
10/20/2011$0.11$0.23ViewN/AView Earnings Details
7/21/2011$0.14$0.21ViewN/AView Earnings Details
4/20/2011$0.15$0.02ViewN/AView Earnings Details
2/10/2011$0.13$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Encana Corporation (NYSE:ECA)
Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.93 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.08)$0.01($0.02)
Q2 20163($0.11)($0.05)($0.07)
Q3 20163($0.08)$0.00($0.05)
Q4 20163($0.03)$0.03$0.01
Q1 20172$0.05$0.06$0.06
Q2 20172$0.05$0.07$0.06
Q3 20172$0.08$0.11$0.10
Q4 20172$0.12$0.18$0.15
Q1 20181$0.27$0.27$0.27
Q2 20181$0.32$0.32$0.32
Q3 20181$0.39$0.39$0.39
Q4 20181$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Encana Corporation (NYSE:ECA)
Annual Dividend:$0.06
Dividend Yield:0.52%
Dividend Growth:-55.30% (3 Year Average)
Payout Ratio:-3.97% (Based on Trailing 12 Months of Earnings)
17.14% (Based on Current Year Consensus EPS Estimate)
6.45% (Based on Next Year Consensus EPS Estimate)

Dividend History for Encana Corporation (NYSE:ECA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/3/2016quarterly$0.020.61%12/13/201612/15/201612/30/2016
7/21/2016quarterly$0.020.73%9/13/20169/15/20169/30/2016
5/3/2016quarterly$0.020.95%6/13/20166/15/20166/30/2016
2/24/2016quarterly$0.021.6%3/11/20163/15/20163/31/2016
11/12/2015quarterly$0.073.45%12/11/201512/15/201512/31/2015
7/24/2015quarterly$0.073.77%9/11/20159/15/20159/30/2015
5/12/2015quarterly$0.072.06%6/11/20156/15/20156/30/2015
2/25/2015quarterly$0.072.15%3/11/20153/13/20153/31/2015
11/12/2014quarterly$0.071.61%12/11/201412/15/201412/31/2014
7/24/2014quarterly$0.071.27%9/11/20149/15/20149/30/2014
5/13/2014quarterly$0.071.23%6/11/20146/13/20146/30/2014
2/13/2014quarterly$0.071.48%3/12/20143/14/20143/31/2014
11/5/2013$0.0712/11/201312/13/201312/31/2013
11/6/2013quarterly$0.071.5%12/11/201312/13/201312/31/2013
4/23/2013quarterly$0.204.37%6/12/20136/14/20136/28/2013
2/15/2013quarterly$0.204.46%3/13/20133/15/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Encana Corporation (NYSE:ECA)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Encana Corporation (NYSE:ECA)
DateHeadline
News IconStock Perspective: Encana Corporation (NYSE:ECA) Company Earnings Watch - Aiken Advocate (NYSE:ECA)
aikenadvocate.com - February 22 at 10:10 PM
News IconStock ABR Of Encana Corporation (NYSE:ECA) At 2.15 - Stock Observer (NYSE:ECA)
www.thestockobserver.com - February 22 at 10:10 PM
News IconStock Exchanging Hands at a Rapid Volume Today: Encana Corporation (NYSE:ECA) (NYSE:ECA)
fairydetox.org - February 19 at 11:00 AM
News IconThe Investment Analysts' Recent Ratings Updates for the Encana Corporation (ECA) (NYSE:ECA)
ekosvoice.com - February 19 at 11:00 AM
News IconEncana Corporation (ECA) Short Interest Update (NYSE:ECA)
giftedviz.com - February 19 at 11:00 AM
News IconEarnings at a Glance For Encana Corporation (NYSE:ECA): What Are Analysts Predicting For the Stock? - Winfield Review (NYSE:ECA)
winfieldreview.com - February 18 at 4:35 PM
News IconEquity Watch: Looking at Shares of Encana Corporation (ECA) - Baldwin Journal (NYSE:ECA)
baldwinjournal.com - February 17 at 3:41 PM
News IconEncana Corporation (ECA) to Release Earnings on Thursday (NYSE:ECA)
ekosvoice.com - February 17 at 10:36 AM
News IconEncana (ECA) Is All Set to Grow This Year (NYSE:ECA)
www.economiccalendar.com - February 17 at 10:36 AM
News IconEncana Corporation (NYSE:ECA) EPS Predicted At $0.3933 - Transcript Daily (NYSE:ECA)
transcriptdaily.com - February 16 at 3:51 PM
News IconEarnings Wrap Up & Price Target Focus on Encana Corporation (NYSE:ECA) - Winfield Review (NYSE:ECA)
winfieldreview.com - February 16 at 3:51 PM
News IconEncana Corporation (USA) (ECA) Releases Earnings Results, Beats Expectations By $0.08 EPS - Highland Mirror (NYSE:ECA)
www.highlandmirror.com - February 16 at 3:51 PM
News IconEncana Corp indicated as Overweight By JP Morgan (NYSE:ECA)
brassale.net - February 16 at 3:51 PM
News IconEncana posts smaller loss in 2016 and predicts 2017 will be a year of growth (NYSE:ECA)
calgaryherald.com - February 16 at 3:51 PM
News IconEncana Corp (ECA) Scheduled to Post Quarterly Earnings on Thursday (NYSE:ECA)
fairydetox.org - February 16 at 3:51 PM
zacks.com logoEncana (ECA) Beats Earnings Estimates in Q4, Sets 2017 Capex (NYSE:ECA)
www.zacks.com - February 16 at 3:51 PM
News IconAnalysts At JP Morgan Indicated Encana Corp (NYSE:ECA) As Overweight (NYSE:ECA)
oakridgeobserver.com - February 16 at 3:51 PM
us.rd.yahoo.com logoCoverage initiated on Encana by JP Morgan (NYSE:ECA)
us.rd.yahoo.com - February 16 at 3:51 PM
us.rd.yahoo.com logoPeek Into Oil Q4 Earnings on Feb 16: TRP, ECA, CVE, OMVJF (NYSE:ECA)
us.rd.yahoo.com - February 16 at 3:51 PM
us.rd.yahoo.com logoA Revival In The Rockies For Natural Gas (NYSE:ECA)
us.rd.yahoo.com - February 16 at 3:51 PM
us.rd.yahoo.com logoEncana delivers strong fourth quarter and full-year 2016 results; company on track to grow corporate margin and crude and condensate production in 2017 (NYSE:ECA)
us.rd.yahoo.com - February 16 at 3:51 PM
sg.finance.yahoo.com logoEncana reports 4Q loss (NYSE:ECA)
sg.finance.yahoo.com - February 16 at 3:51 PM
finance.yahoo.com logoEncana (ECA) Q4 Earnings Beat Estimate, Guides for 2017 (NYSE:ECA)
finance.yahoo.com - February 16 at 3:51 PM
wsj.com logo[$$] Encana Narrows Loss (NYSE:ECA)
www.wsj.com - February 16 at 3:51 PM
finance.yahoo.com logoEncana posts better-than-expected operating profit (NYSE:ECA)
finance.yahoo.com - February 16 at 3:51 PM
biz.yahoo.com logoENCANA CORP Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements and (NYSE:ECA)
biz.yahoo.com - February 16 at 3:51 PM
News IconStock Price of Encana Corporation (ECA) Increases 2.07% (NYSE:ECA)
xboxonezone.com - February 15 at 3:49 AM
News IconEncana Corporation (ECA) to Release Quarterly Earnings on Thursday (NYSE:ECA)
prensariotiretail.com - February 15 at 3:49 AM
News IconChecking the Chart on Shares of Encana Corporation (ECA) - SKV News (NYSE:ECA)
skvnews.com - February 14 at 5:45 PM
News IconMarket Survey: Checking on Shares of Encana Corporation (TSX:ECA) - Midway Monitor (NYSE:ECA)
midwaymonitor.com - February 14 at 3:38 AM
News IconEncana Corporation (NYSE:ECA) Projected EPS At $0.03 | Stock ... - Stock Observer (NYSE:ECA)
www.thestockobserver.com - February 9 at 10:27 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Encana ... - Highland Mirror (NYSE:ECA)
www.highlandmirror.com - February 8 at 10:21 PM
us.rd.yahoo.com logoWhy Is Encana Stock in a Strong Uptrend? (NYSE:ECA)
us.rd.yahoo.com - February 8 at 5:21 PM
capitalcube.com logoEncana Corp. – Value Analysis (NYSE:ECA) : February 7, 2017 (NYSE:ECA)
www.capitalcube.com - February 7 at 6:01 PM
News IconReady for a Breakout? Stock Update on Encana Corporation (ECA.TO) - Rives Journal (NYSE:ECA)
rivesjournal.com - February 6 at 4:57 PM
News IconStock Price of Encana Corporation (ECA) Decreases -3.54% - Highland Mirror (NYSE:ECA)
www.highlandmirror.com - February 6 at 4:57 PM
News IconEncana Corporation (NYSE:ECA)- Stocks Skyrockets on Unusual Volume: IAMGOLD (NYSE:IAG) - Street Wise Report (press release) (blog) (NYSE:ECA)
streetwisereport.com - February 6 at 8:28 AM
capitalcube.com logoEncana Corp. breached its 50 day moving average in a Bearish Manner : ECA-US : February 6, 2017 (NYSE:ECA)
www.capitalcube.com - February 6 at 8:28 AM
News IconTD Securities Lowers Encana Corp (ECA) to Hold (NYSE:ECA)
xboxonezone.com - February 2 at 3:27 AM
News IconEarnings Snapshot & Analysts Target Update on Encana Corporation (NYSE:ECA)? - Wall Street Beacon (NYSE:ECA)
wsbeacon.com - January 31 at 10:31 PM
us.rd.yahoo.com logoWhy Is Encana Rising along with Crude Oil Prices? (NYSE:ECA)
us.rd.yahoo.com - January 31 at 5:31 PM
us.rd.yahoo.com logoA Fund For All Seasons--And It's Newly Launched ETF--Is CFRA's February Pick (NYSE:ECA)
us.rd.yahoo.com - January 31 at 5:31 PM
News IconInvestor Monitor: Looking Closer at Shares of Encana Corporation (TSX:ECA) - Gilbert Daily (NYSE:ECA)
gilbertdaily.com - January 30 at 12:28 PM
finance.yahoo.com logoLeaner and Meaner After The Crash, Oil Sands Industry Expands (NYSE:ECA)
finance.yahoo.com - January 26 at 6:08 PM
News IconWhat is the Sell-side Saying About Encana Corporation (NYSE:ECA)? - Aiken Advocate (NYSE:ECA)
aikenadvocate.com - January 25 at 11:05 PM
News IconInvestor Watch: Checking in on Shares of Encana Corporation (TSX:ECA) - Gilbert Daily (NYSE:ECA)
gilbertdaily.com - January 25 at 11:05 PM
News IconPeeling Back The Layers on Encana Corporation (NYSE:ECA): Sell-Side Weighs In - Wall Street Beacon (NYSE:ECA)
wsbeacon.com - January 25 at 3:36 AM
realistinvestor.com logoAnalysts Rating Of Encana Corporation (NYSE:ECA) At 2.32 - RealistInvestor.com (NYSE:ECA)
www.realistinvestor.com - January 24 at 5:31 PM
finance.yahoo.com logoEncana upgraded by Macquarie (NYSE:ECA)
finance.yahoo.com - January 24 at 5:31 PM
News IconLarge Cap Major Integrated Oil & Gas: Encana Corporation (NYSE:ECA) (NYSE:ECA)
twincountynews.com - January 23 at 12:43 AM

Social

What is Encana Corporation's stock symbol?

Encana Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ECA."

How often does Encana Corporation pay dividends? What is the dividend yield for Encana Corporation?

Encana Corporation announced a quarterly dividend on Thursday, November 3rd. Stockholders of record on Thursday, December 15th will be given a dividend of $0.015 per share on Friday, December 30th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Tuesday, December 13th.

Where is Encana Corporation's stock going? Where will Encana Corporation's stock price be in 2017?

24 brokerages have issued twelve-month price objectives for Encana Corporation's shares. Their forecasts range from $8.00 to $17.00. On average, they expect Encana Corporation's share price to reach $13.67 in the next twelve months.

What are analysts saying about Encana Corporation stock?

Here are some recent quotes from research analysts about Encana Corporation stock:

  • According to Zacks Investment Research, "Even though 2016 was a roller-coaster year for the energy market, Encana stock soared more 250% during the period. The Canadian energy behemoth – which posted a surprise Q3 operating profit on the back of reduced drilling costs and solid execution – holds one of the largest natural gas resource portfolios in North America. As such, ECA is set to benefit from the commodity's recent price strength. Additionally, the steps undertaken by it to divest high-cost low-profit gas assets will increase its financial flexibility and fund the transition to a more diversified oil and gas firm. However, ECA’s profit is influenced by commodity price fluctuations. Also, the recent equity offering – despite helping ECA to pay down debt and boost drilling – has significantly diluted existing shareholders' equity. Consequently, we would rather wait for a better entry point before accumulating shares." (2/16/2017)

  • Barclays PLC analysts commented, "core four" assets in the Permian, Eagle Ford, Montney and Duvernay."Use of Encana's 2018 capital spending and production indications lead us to infer a very strong return in 2018 on new spending of circa 30 percent on the corporate level (the 2017 inference is muddled by 2016 M&A)," analyst Thomas Driscoll wrote in a note.This inferred return is 18 percent better than the Barclays' average return for peers. The analyst expects top-tier delivery from the "core four" basins and raised 2017 and 2018 liquids estimates by 6 percent and 20 percent, respectively.Related Link: Russia Wants To Freeze Oil Output ... At Its Historical High LevelEncana's preliminary 2017 budget of $1.4 billion–$1.8 billion is 7 percent above Barclays' previous estimate. Encana expects to grow liquids volumes by 15–20 percent per year. Looking ForwardDriscoll forecast total volume growth to outpace expansion in market capital deployed by 12 percent through 2018, compared to 5 percent from peers. Assuming flat $55 crude and $3 gas, Encana expects to grow total production by 60 percent by 2021, as it doubles core four asset volumes and grows liquids by 15–20 percent CAGR. Further, Encana continues to reduce drilling and completion (D&C) costs in its core four assets and continues to reduce lease operating costs.Encana, which has ample liquidity and financial flexibility, expects to grow cash flow by 300 percent over the next five years, assuming flat $55 crude and $3 gas prices. "We are currently modeling through 2018 and are expecting 145 percent cash flow growth if we were to use the same commodity price assumptions," (10/11/2016)

Who owns Encana Corporation stock?

Encana Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Viking Global Investors LP (9.13%), Davis Selected Advisers (7.31%), Lone Pine Capital LLC (2.15%), FMR LLC (2.13%), Letko Brosseau & Associates Inc. (1.75%) and Guardian Capital LP (0.47%).

Who sold Encana Corporation stock? Who is selling Encana Corporation stock?

Encana Corporation's stock was sold by a variety of institutional investors in the last quarter, including Davis Selected Advisers, Bocage Capital LLC, Dimensional Fund Advisors LP, Letko Brosseau & Associates Inc., AQR Capital Management LLC, Castleark Management LLC, Investec Asset Management LTD and Gabelli Funds LLC.

Who bought Encana Corporation stock? Who is buying Encana Corporation stock?

Encana Corporation's stock was bought by a variety of institutional investors in the last quarter, including Lone Pine Capital LLC, FMR LLC, Guardian Capital LP, JVL Advisors L.L.C., Viking Global Investors LP, Axiom International Investors LLC DE, Russell Investments Group Ltd. and Oceanic Investment Management LTD.

How do I buy Encana Corporation stock?

Shares of Encana Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Encana Corporation stock cost?

One share of Encana Corporation stock can currently be purchased for approximately $11.47.

Encana Corporation (NYSE:ECA) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Encana Corporation (NYSE:ECA)

Earnings History Chart

Earnings by Quarter for Encana Corporation (NYSE:ECA)

Dividend History Chart

Dividend Payments by Quarter for Encana Corporation (NYSE:ECA)

Last Updated on 2/23/2017 by MarketBeat.com Staff