Encana Corporation

Latest Encana Corporation News and Updates

  • uploads///EOG Q Pre Production
    Earnings Report

    Understanding EOG Resources’ Q2 2018 Production Guidance

    For the second quarter, EOG Resources expects total production in the range of 670.3–706.2 Mboepd (thousand barrels of oil equivalent per day).

    By Nicholas Chapman
  • uploads///US Natural gas inv
    Macroeconomic Analysis

    EIA Natural Gas Inventory Report – Important for Energy Investors

    Analysts expected a natural gas inventory draw of 51 billion cubic feet (or Bcf) last week.

    By Keisha Bandz
  • uploads///nfx
    Fund Managers

    Balyasny exits position in Newfield Exploration Co.

    BAM exited its position in Newfield Exploration Co. in 3Q14. It accounted for 1.31% of BAM’s second quarter portfolio. NFX is an energy company.

    By Patricia Garner
  • uploads///CRC Q Short Interest
    Company & Industry Overviews

    Is California Resources Rising due to Short Covering?

    On December 21, 2016, California Resources’ total shares shorted, also known as its short interest, stood at ~13.7 million.

    By Nicholas Chapman
  • uploads///CNX Q Pre Analysts
    Energy & Utilities

    How Wall Street Analysts Rate CNX Resources

    The median target price on CNX Resources stock is $20.50, which is ~21% higher than its July 26 closing price of $17.01.

    By Nicholas Chapman
  • uploads///Gas projected
    Macroeconomic Analysis

    EIA Projections for December 2015: Key US Shale Natural Gas Production

    The EIA expects less natural gas production at four key US shales by December compared to October, but it expects production to rise at three key shales.

    By Alex Chamberlin
  • uploads///Natural Gas Prices
    Macroeconomic Analysis

    Inconclusive weather forecasts control natural gas prices

    Natural gas prices continued their declining trend from last week due to mild weather forecasts on the East Coast from December 13 through December 22.

    By Keisha Bandz
  • uploads///MRO Q Pre Analysts
    Energy & Utilities

    Marathon Oil: Pre-Earnings Wall Street Ratings

    The median target price on Marathon Oil stock is $23.50, which is ~14% higher than its July 19 closing price of $20.54.

    By Nicholas Chapman
  • uploads///ECA Q Pre Production
    Earnings Report

    Will Encana’s Quarterly Production Growth Start in 4Q17?

    Encana (ECA) didn’t give any specific production guidance for 4Q17. But on its 3Q17 earnings conference call, Encana maintained its 2017 production guidance from July 2017.

    By Nicholas Chapman
  • uploads///image
    Miscellaneous

    Analyzing US Natural Gas Consumption Trends

    PointLogic estimates that US natural gas consumption dropped ~1.4% to 56.7 Bcf per day on May 17–23.

    By Gordon Kristopher
  • uploads///us natural gas consumption
    Macroeconomic Analysis

    Natural Gas Consumption Fell in the Week to April 17

    Last week, total US natural gas consumption decreased by 1.7% week-over-week. Consumption declined in the residential and commercial sectors by 5.2%.

    By Keisha Bandz
  • uploads///Expected Gas Production growth
    Macroeconomic Analysis

    Natural Gas Production Projected to Slow by July

    The Bakken Shale is expected to witness a 3.3% drop in the next two months, the most significant decrease in natural gas production among the shales.

    By Alex Chamberlin
  • Energy & Utilities

    Must-know: An overview of Athlon Energy

    Athlon is an independent oil and gas exploration and production company. Its activities include the acquisition, exploration, and development of oil and liquids-heavy gas resources in the Permian Basin.

    By Manas Chowgule, CFA
  • uploads///ECA Q Post Analyst
    Energy & Utilities

    What Wall Street Analysts Recommend for Encana

    As of February 16, 2018, 29 analysts were covering Encana (ECA). Of these, ~31% have “strong buy” ratings, ~62% have “buy” recommendations, while the remaining ~7% of analysts have “hold” recommendations.

    By Nicholas Chapman
  • uploads///us natural gas MARKETED PRODUCTION
    Macroeconomic Analysis

    Natural Gas Consumption Trends in the Week of April 10

    The U.S. Energy Information Administration’s “Short-Term Energy Outlook” forecasts that total natural gas consumption will average 76.3 Bcf per day in 2015 and 75.8 Bcf per day in 2016.

    By Keisha Bandz
  • Materials

    Why Encana’s recent asset deals are important

    ECA sold TPG Capital natural gas properties in the Jonah field in Sublette County, Wyoming. It sold the properties for ~$1.8 billion. The assets consisted of ~1,500 active wells and ~24,000 acres.

    By Manas Chowgule, CFA
  • uploads///OXY Q Pre Cash Flow
    Earnings Report

    Chart in Focus: Occidental Petroleum’s 3Q16 Cash Flow Estimates

    For 3Q16, Wall Street analysts expect Occidental Petroleum (OXY) to report cash flows of $1.36 per share, which would be ~1% higher than in 3Q15.

    By Nicholas Chapman
  • uploads///SWN Q Pre Analysts
    Energy & Utilities

    Majority of Analysts Recommend a ‘Hold’ on Southwestern Energy

    As of July 25, Reuters reported that of the 32 analysts covering Southwestern Energy (SWN), ~3% of analysts have “strong buy” and ~13% of analysts have “buy” recommendations on the stock.

    By Nicholas Chapman
  • uploads///peer comp
    Company & Industry Overviews

    Devon Energy’s Relative Valuation: A Comparison with Its Peers

    Devon Energy’s (DVN) lower forward EV-to-EBITDA multiple compared to peers implies a valuation discount due to higher risk.

    By Keisha Bandz
  • uploads///ng prices
    Energy & Utilities

    Natural gas prices rebound to their “pre-injection” levels

    Natural gas prices started the week by falling almost 3% as an arctic blast, which boosted prices last week, gave way to warmer temperatures. Prices closed at $4.15 MMBtu on Monday.

    By Keisha Bandz
  • uploads///Backlog to Revenue
    Energy & Utilities

    Noble Secures Contract with Encana and Total

    According to Noble’s latest fleet status report, the company has secured two contracts and one contract extension for its jackup rigs.

    By Sue Goodridge
  • uploads///EOG Q Pre Analysts
    Energy & Utilities

    EOG Resources: Pre-Earnings Wall Street Ratings

    On July 24, Reuters reported that 26 analysts had given recommendations on EOG Resources (EOG).

    By Nicholas Chapman
  • uploads///CRC Q Pre Analysts
    Energy & Utilities

    What Analysts Recommend for CRC, Pre-Q2 Earnings Release

    Of the seven analysts covering California Resources (CRC) on July 23, ~14% recommended “strong buy,” ~14% recommended “buy,” and ~72% recommended “hold.”

    By Nicholas Chapman
  • uploads///EOG Q Pre Revenues
    Earnings Report

    Analyzing EOG Resources’ Q2 2018 Revenue Expectations

    For the second quarter, Wall Street analysts expect EOG Resources (EOG) to report revenue of ~$3.91 billion.

    By Nicholas Chapman
  • uploads///DVN Q Pre Analysts
    Energy & Utilities

    Devon Energy: Wall Street Ratings ahead of Q2 2018 Earnings

    As of July 17, Reuters reported 33 analysts with recommendations on DVN. Of these, ~28% say “strong buy,” ~36% say “buy”, and ~36% say “hold” for DVN.

    By Nicholas Chapman
  • uploads///DVN Q Pre Revenues
    Earnings Report

    Devon Energy’s Revenue Expectations for Q2 2018

    For Q2 2018, Wall Street analysts expect Devon Energy (DVN) to report revenues of ~$3.90 billion. On a year-over-year basis, DVN’s Q2 2018 revenues expectations are ~24% higher compared with its Q2 2017 revenues of ~$3.15 billion.

    By Nicholas Chapman
  • uploads///RRC WU Analysts
    Energy & Utilities

    Range Resources: Analysts’ Recommendations

    The median target price on Range Resources stock is $22.00, which is ~40% higher than its closing price of $15.74 on March 9, 2018.

    By Nicholas Chapman
  • uploads///SWN Q Post analysts
    Energy & Utilities

    Southwestern Energy: Analysts’ Ratings after Its Earnings

    Of the analysts, ~6% gave “strong buy,” ~13% gave “buy,” ~65% gave “hold,” and ~16% gave “sell” recommendations on Southwestern Energy.

    By Nicholas Chapman
  • uploads///EOG Q Post Analysts
    Energy & Utilities

    EOG Resources: Post-Earnings Wall Street Ratings

    As of March 1, 2018, a total of 34 analysts have made recommendations on EOG Resources (EOG) stock, according to Reuters.

    By Nicholas Chapman
  • uploads///EOG Q Post Cash Flow
    Earnings Report

    Did EOG Resources Generate Positive Free Cash Flow in 4Q17?

    In 4Q17, EOG Resources (EOG) reported operating cash flow of ~$1.3 billion, marginally higher than Wall Street analysts’ expectation.

    By Nicholas Chapman
  • uploads///RRC Q Post Analysts
    Earnings Report

    Analysts’ Post-4Q17 Views on Range Resources

    Analyst recommendations for Range Resources Of the 32 analysts covering Range Resources (RRC) stock on February 28, 2018, Reuters reported that ~22% recommended “strong buy,” ~38% recommended “buy,” ~31% recommended “hold,” and ~9% recommended “sell” or “strong sell.” RRC’s median target price The median target price on Range Resources stock is $23.50, ~77% higher than its closing price of […]

    By Nicholas Chapman
  • uploads///RRC Q Post Cash Flow
    Earnings Report

    Range Resources’ Free Cash Flow in 4Q17

    Range Resources’ 4Q17 operating cash flow In 4Q17, Range Resources (RRC) reported operating cash flow of ~$216 million, missing Wall Street analysts’ expectation of ~$251 million but surpassing the ~$185 million it generated in 4Q16. Between 3Q17 and 4Q17, RRC’s 4Q17 operating cash flow rose ~14% from ~$189 million. Range Resources’ year-over-year increase in operating cash flow could be […]

    By Nicholas Chapman
  • uploads///OXY Q Post Cash Flow
    Earnings Report

    Did Occidental Petroleum Generate Positive Free Cash Flow in 3Q17?

    On a year-over-year basis, OXY’s 3Q17 operating cash flow was ~65% higher than the ~$650 million it generated in 3Q16.

    By Nicholas Chapman
  • uploads///OXY Q Post Production
    Earnings Report

    A Deep Drill into Occidental Petroleum’s 3Q17 Operational Performance

    For 4Q17, Occidental Petroleum expects total production of 633–641 Mboepd, ~5% higher than its 3Q16 production of 607 Mboepd.

    By Nicholas Chapman
  • uploads///DVN Q Post Cash Flow
    Earnings Report

    Did Devon Energy Generate Positive Free Cash Flow in 3Q17?

    For 3Q17, Devon Energy (DVN) reported operating cash flow of ~$776 million, which is higher by ~19% when compared with Wall Street analysts’ expectation for ~$653 million in cash flows for the quarter.

    By Nicholas Chapman
  • uploads///SWN Q Pre Analysts
    Energy & Utilities

    Where Wall Street Thinks Southwestern Energy Could Trade in a Year

    On October 5, 2017, ~29.4% of analysts covering Southwestern Energy (SWN) gave “strong buy” or “buy” recommendations on the stock.

    By Nicholas Chapman
  • uploads///COP WU_ Price
    Energy & Utilities

    ConocoPhillips Stock Outperformed Oil and Natural Gas Prices

    Despite a mixed price performance from crude oil (USO) and natural gas (UNG) prices last week, ConocoPhillips’s (COP) stock price rose.

    By Nicholas Chapman
  • uploads///PXD Q Post Cash Flow
    Company & Industry Overviews

    Pioneer Natural Resources’ Free Cash Flow in 2Q17

    For 2Q17, Pioneer Natural Resources (PXD) reported operating cash flow of ~$479 million, which is ~3% higher than Wall Street analysts’ expectation of ~$463 million.

    By Nicholas Chapman
  • uploads///ECA Q Post YTD Price
    Energy & Utilities

    How Encana Stock Has Performed This Year

    Year-to-date, Encana’s (ECA) stock has fallen ~19% to $9.53. The stock is trading below its 50-week and 200-week moving averages.

    By Nicholas Chapman
  • uploads///MRO Q Post Revenues
    Earnings Report

    Analyzing Marathon Oil’s 2Q17 Revenues

    For 2Q17, Marathon Oil (MRO) reported revenues of ~$1.06 billion, which was higher than Wall Street analysts’ consensus for revenues of ~$1.02 billion.

    By Nicholas Chapman
  • uploads///ECA Q Pre Short Interest
    Company & Industry Overviews

    Encana’s Short Interest and 13F Filer Statistics

    Short interest in Encana’s stock As of July 15, 2017, Encana’s (ECA) short interest stood at ~15.3 million, which was ~13% lower than a month prior. The short interest ratio in Encana’s stock is ~1.4. Its 52-week short interest ratio range is 0.7x–2.0x. The current short interest in Encana’s stock as a percentage of shares outstanding is […]

    By Nicholas Chapman
  • uploads///SWN WU_ Analysts
    Miscellaneous

    What Wall Street Analysts Say about Southwestern Energy

    As of May 26, 2017, Southwestern Energy’s (SWN) recommendations include five “strong buy,” five “buy,” 25 “hold,” two “sell,” and one “strong sell.”

    By Nicholas Chapman
  • uploads///SWN WU_ Price Performance
    Miscellaneous

    Why Southwestern Energy Stock Is on the Decline

    Last week, Southwestern Energy’s (SWN) stock price fell. It underperformed natural gas (UNG) prices by a wide margin.

    By Nicholas Chapman
  • uploads///CIE WU_ Short Interest
    Company & Industry Overviews

    Analyzing Short Interest in Cobalt International Energy Stock

    As of March 23, 2017, Cobalt International Energy’s (CIE) total shares shorted (or short interest) was ~66.3 million. Its average daily volume was ~9.4 million.

    By Nicholas Chapman
  • uploads///DVN WU_ Short Interest
    Company & Industry Overviews

    Short Interest in Devon Energy Stock: How It’s Evolving in 2017

    As of March 15, 2017, Devon Energy’s (DVN) short interest stood at ~7.95 million, while its average daily volume is ~4.73 million.

    By Nicholas Chapman
  • uploads///COP WU Short Interest
    Company & Industry Overviews

    What Short Interest in ConocoPhillips Stock Indicates

    As of March 15, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~15.9 million, whereas its average daily volume was ~7.7 million.

    By Nicholas Chapman
  • uploads///MRO Bolt On Short Interest
    Company & Industry Overviews

    Reviewing Short Interest in Marathon Oil Stock

    As of March 15, 2017, Marathon Oil’s (MRO) short interest stood at ~46.02 million, while its average daily volume is ~14.8 million.

    By Nicholas Chapman
  • uploads///Capex Production Analysts
    Company & Industry Overviews

    Analyzing Wall Street’s Targets for COP, MRO, SWN, and ECA

    All the stocks we’ve looked at in this series are trading below their Wall Street analyst targets and have upside potentials of 28.0%–48.0%.

    By Nicholas Chapman
  • uploads///Capex Production ECA
    Company & Industry Overviews

    Encana’s Production Profile: Will It Benefit from Higher Capex?

    For 2017, Encana’s (ECA) capital spending program will be $1.6 billion–$1.8 billion. That represents a midpoint rise of ~55.0% compared to 2016.

    By Nicholas Chapman
  • uploads///Capex Growth
    Company & Industry Overviews

    How Crude Oil and Natural Gas Prices Affected Upstream Capex

    The falling trend in crude oil (USO) and natural gas (UNG) prices from June 2014 to February 2016 caused their values to fall ~76.0% and ~75.0%, respectively.

    By Nicholas Chapman
  • uploads///ECA Q Short Interest
    Company & Industry Overviews

    How Short Interest in Encana Stock Is Evolving

    On February 28, 2017, Encana’s (ECA) short interest stood at ~18.2 million, and its average daily volume was ~11.4 million. The short interest ratio for ECA stock is ~1.6x.

    By Nicholas Chapman
  • uploads///ECA Q Operating Netback
    Company & Industry Overviews

    Chart in Focus: Encana’s Operating Netbacks

    In 4Q16, Encana (ECA) reported operating netback of ~$12.24 per boe, which is ~82% higher than in 4Q15.

    By Nicholas Chapman
  • uploads///ECA Q Production Cost
    Company & Industry Overviews

    Encana’s Production Costs and Margins for 4Q16

    A profit of $0.07 per boe on crude oil (USO) and natural gas (UNG) hedges increased Encana’s cash margin and total margin by $0.07 per boe.

    By Nicholas Chapman
  • uploads///ECA Q Lifting Cost
    Company & Industry Overviews

    Chart in Focus: Encana’s Lifting Costs

    In 4Q16, Encana (ECA) reported a lifting cost of ~$11.57 per boe, which is ~9% lower than in 4Q15.

    By Nicholas Chapman
  • uploads///ECA Q Hedging Effectiveness
    Company & Industry Overviews

    Analyzing Encana’s Hedging Effectiveness

    According to Encana’s (ECA) form 10Q for 4Q16, the company reported a total profit of ~$2 million on its commodity derivative instruments.

    By Nicholas Chapman
  • uploads///ECA Q Hedges
    Company & Industry Overviews

    How Encana Can Benefit from Its Hedging Activities

    For 1Q17, Encana (ECA) has a swaption on NYMEX crude oil for 10,000 barrels per day. In its swaption strategy, ECA can extend 1Q17 fixed price swaps to June 30, 2017, at a strike price of $50.86.

    By Nicholas Chapman
  • uploads///ECA Q Realized Price Effective
    Company & Industry Overviews

    Analyzing Encana’s Realized Price Effectiveness

    Encana’s (ECA) production cash cost has increased on a year-over-year basis. For 4Q16, Encana’s production cash cost was $17.92 per boe, higher than $17.74 per boe in 4Q15.

    By Nicholas Chapman
  • uploads///ECA Q Realized Price
    Company & Industry Overviews

    Why Encana’s 4Q16 Crude Oil Price Underperformed NYMEX Settlements

    For 4Q16, Encana’s (ECA) average realized price for natural gas (UNG) production increased ~21% to $2.58 per Mcf compared to $2.13 for the same period in 2015.

    By Nicholas Chapman
  • uploads///ECA Q Production Mix
    Company & Industry Overviews

    Encana: A Crude Oil Company

    Almost ~51% of Encana’s (ECA) operating revenues from product sales came from crude oil and condensate sales alone.

    By Nicholas Chapman
  • uploads///ECA Q Production
    Company & Industry Overviews

    Could 4Q16 Mark a Low Point for Encana’s Production?

    Encana’s (ECA) 4Q16 production came in better than expected at ~311 Mboepd (thousand barrels of oil equivalent per day).

    By Nicholas Chapman
  • uploads///ECA Q Stock and Crude Oil
    Company & Industry Overviews

    How Crude Oil Prices Moved Encana’s Stock Price

    Since January 26, 2017, crude oil prices have dropped from $53.78 per barrel to $47.72 per barrel. Encana (ECA) stock also fell from $13.83 to $10.32 during this period.

    By Nicholas Chapman
  • uploads///MRO_AD_Short Interest
    Company & Industry Overviews

    Short Interest: Is Marathon Oil Gearing Up for a Rally?

    On February 28, 2017, Marathon Oil’s (MRO) total shares shorted stood at ~43.1 million, whereas its average daily volume was ~11.6 million.

    By Nicholas Chapman
  • uploads///ECA Q Post Implied Volatility
    Earnings Report

    Encana’s Stock Price Forecast: Implied Volatility

    As of February 17, 2017, Encana (ECA) had an implied volatility of ~41.16%, which is ~36.25% below its 260-trading day historical price volatility of ~64.56%.

    By Nicholas Chapman
  • uploads///ECA Q Post Analysts
    Earnings Report

    What Wall Street Analysts Say about Encana after Q4 Earnings

    Currently, 27 analysts provide recommendations on Encana (ECA). These recommendations include four “Strong Buy,” 11 “Buy,” nine “Hold,” and three “Sell” recommendations.

    By Nicholas Chapman
  • uploads///ECA Q Post Cash Flow
    Earnings Report

    Why Did Encana’s Free Cash Flow Fall in 4Q16?

    For 4Q16, Encana (ECA) reported operating cash flow of $199 million, ~56% less than its ~$448 million in 4Q15.

    By Nicholas Chapman
  • uploads///ECA Q Post Margin Growth Guidance
    Earnings Report

    How Encana Plans to Widen Its Corporate Margin in 2017

    By year-end 2017, Encana (ECA) plans to increase its corporate margin to more than $10 per boe (barrel of oil equivalent) from year-end 2016’s corporate margin of ~$6.4 per boe.

    By Nicholas Chapman
  • uploads///ECA Q Post Guidance
    Earnings Report

    Must-Know: Encana’s Fiscal 2017 Guidance

    For 2017, Encana’s (ECA) capital program will be in the range of $1.6 billion–$1.8 billion, which represents a mid-point increase of ~55% compared with capital expenditures of ~$1.1 billion in 2016.

    By Nicholas Chapman
  • uploads///MRO Q Post Short Interest
    Earnings Report

    Analyzing Short Interest in Marathon Oil’s Stock

    On January 31, 2017, Marathon Oil’s (MRO) total shares shorted, or its short interest, stood at ~45.3 million. Its average daily volume was ~8.9 million on the same day.

    By Nicholas Chapman
  • uploads///ECA Q Post Production
    Earnings Report

    Encana’s Quarterly Production Hit a 2-Year Low

    For fiscal 2016, Encana (ECA) reported production of 352.7 Mboepd (thousand barrels of oil equivalent per day), which is above the mid-point of its production guidance range of 340–360 Mboepd.

    By Nicholas Chapman
  • uploads///ECA Q Post EPS
    Earnings Report

    Why Encana’s Profits Fell 23% in 4Q16

    Encana (ECA) announced its 4Q16 earnings on February 16, 2017, before the market opened. It reported better-than-expected profits of ~$85 million.

    By Nicholas Chapman
  • uploads///COP WU Short Interest
    Company & Industry Overviews

    Short Interest in ConocoPhillips Stock in Consolidation Phase

    As of January 31, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~14.3 million. Its average daily volume was ~6.0 million.

    By Nicholas Chapman
  • uploads///MRO Q Pre Analysts
    Earnings Report

    What Are Analysts Saying about Marathon Oil?

    Recommendations Currently, 30 analysts cover Marathon Oil (MRO). They’ve given six “strong buy,” six “buy,” 17 “hold,” and one “sell” recommendation on the stock. There were no “strong sell” recommendations. Target price Analysts’ median target price for MRO is $20, which is ~25% higher than the closing price of $16.05 on February 9, 2017. The mean […]

    By Nicholas Chapman
  • uploads///DVN Q Pre Analysts
    Miscellaneous

    What Analysts Are Saying about Devon Energy, Pre-4Q16 Results

    Recommendations Currently, 39 analysts provide recommendations on Devon Energy (DVN). They gave eight “strong buy,” 18 “buy,” and 13 “hold” recommendations. There were no “sell” or “strong sell” recommendations on the stock. Target price Analysts’ median target price for DVN is $53, which is ~20% higher than the February 8, 2017, closing price of $44.06. The […]

    By Nicholas Chapman
  • uploads///ECA WU Analysts
    Company & Industry Overviews

    What Are Wall Street Analysts Saying about Encana?

    Currently, 26 analysts provide recommendations on Encana (ECA)—four “strong buy,” ten “buy,” nine “hold,” and three “sell” recommendations. There is no “strong sell” recommendation for the stock.

    By Nicholas Chapman
  • uploads///ECA WU Implied Volatility
    Company & Industry Overviews

    Encana’s Stock Price Range Forecast for the Week

    On February 3, 2017, Encana (ECA) had an implied volatility of ~43.7%, which is ~35.5% below its 260 trading–day historical price volatility of ~67.8%.

    By Nicholas Chapman
  • uploads///ECA WU Price Performance
    Company & Industry Overviews

    Why Is Encana Stock in a Strong Uptrend?

    In the last three months, natural gas producer Encana (ECA) saw its stock price outperform natural gas (UNG) prices. Encana’s stock price rose from $9.83 to $12.54, and natural gas prices rose from $2.77 per MMBtu to $3.06 per MMBtu.

    By Nicholas Chapman
  • uploads///MRO Q Gross Margins
    Company & Industry Overviews

    Inside Marathon Oil’s Gross Profit Margins

    In 3Q16, Marathon Oil (MRO) reported a gross profit margin of ~68%, which was higher than its 3Q15 gross profit margin of ~66%.

    By Nicholas Chapman
  • uploads///ECA WU Analysts
    Miscellaneous

    What Wall Street Analysts Are Saying about Encana

    The median target price from Wall Street analyst recommendations is $15.00, which is ~15% higher than the January 27 closing price of $13.00.

    By Nicholas Chapman
  • uploads///ECA WU F
    Company & Industry Overviews

    Are Institutional Investors Accumulating Encana?

    In 3Q16, 178 funds were “buyers” of Encana’s (ECA) stock, and 124 funds were “sellers” of ECA.

    By Nicholas Chapman
  • uploads///ECA WU Short Interest
    Company & Industry Overviews

    What’s the Short Interest in Encana’s Stock?

    As of January 13, 2017, Encana’s (ECA) total shares shorted (or short interest) stood at ~21.0 million, whereas its average daily volume is ~10.6 million.

    By Nicholas Chapman
  • uploads///ECA WU Implied Volatility
    Company & Industry Overviews

    What’s Encana’s Stock Price Range Forecast for the Week?

    As of January 27, 2017, Encana (ECA) had an implied volatility of ~41.2%, which is ~41.9% below its 260-day historical price volatility of ~70.9%.

    By Nicholas Chapman
  • uploads///ECA WU Stock Price and Crude Oil
    Company & Industry Overviews

    Why Is Encana Rising along with Crude Oil Prices?

    Encana (ECA) has been reacting positively to the rising crude oil prices since the OPEC production cut agreement.

    By Nicholas Chapman
  • uploads///CNX Q Pre Analysts
    Miscellaneous

    What Analysts Are Saying about Consol Energy before 4Q16 Earnings

    Currently, 13 analysts are covering Consol Energy (CNX) stock. Four of them have recommended a “strong buy,” two a “buy,” and seven a “hold.”

    By Nicholas Chapman
  • uploads///COP Q Short Interest
    Company & Industry Overviews

    Short Sellers Appear Indifferent to ConocoPhillips Stock

    As of December 30, 2016, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~14.5 million, whereas its average daily volume is ~4.7 million.

    By Nicholas Chapman
  • uploads///COP Q EBITDA Margin
    Company & Industry Overviews

    How Crude Oil Prices Are Affecting ConocoPhillips’s Margins

    In 3Q16, on a sequential basis, ConocoPhillips’s (COP) EBITDA margin fell by more than six percentage points, or by ~22%, from 2Q16.

    By Nicholas Chapman
  • uploads///DVN WU__Implied Volatility
    Company & Industry Overviews

    Devon Energy’s Stock Price Range Forecast for the Week

    Devon Energy’s implied volatility As of January 20, 2017, Devon Energy (DVN) had implied volatility of ~33.1%, which is ~42.4% below its 260-trading day historical price volatility of ~57.6%. Stock price range forecast for the week Assuming a normal distribution of prices and standard deviation of one, based on its implied volatility of ~33.1%, Devon […]

    By Nicholas Chapman
  • uploads///OXY WU__Short Interest
    Company & Industry Overviews

    Analyzing Short Interest in Occidental Petroleum Stock

    On December 30, 2016, Occidental Petroleum’s (OXY) total shares shorted (or short interest) stood at ~12.4 million, whereas its average daily volume was ~3.3 million.

    By Nicholas Chapman
  • uploads///MRO Q WU Implied Volatility
    Company & Industry Overviews

    What’s Marathon Oil’s Price Range Forecast for the Week?

    As of January 13, 2017, Marathon Oil (MRO) had an implied volatility of ~40.3%, which is ~39.0% below its 260-day historical price volatility of ~66.1%.

    By Nicholas Chapman
  • uploads///ECA Q GU Cash Flow
    Company & Industry Overviews

    What’s Encana’s Cash Flow Outlook for the Next Five Years?

    Encana expects total cash flow to rise more than 300.0% in the next five years. It projects that its capital program will be self-funded from cash flow after 2017.

    By Nicholas Chapman
  • uploads///ECA Q GU Production Outlook
    Company & Industry Overviews

    What Is Encana’s Production Outlook for the Next Five Years?

    Encana expects total production to rise more than 60.0% in the next five years, with more than 90.0% of production to come from its core assets.

    By Nicholas Chapman
  • uploads///ECA Q GU   Outlook
    Company & Industry Overviews

    Why Encana Expects to Exceed Original 2017 Production Guidance

    On January 4, 2017, Encana (ECA) announced an update on its five-year growth plan from 2017 to the end of 2021.

    By Nicholas Chapman
  • uploads///COP Q AIM Dividend Yield Comparision
    Company & Industry Overviews

    ConocoPhillips’s Plans to Return Capital to Its Stockholders

    In the next three years, ConocoPhillips (COP) plans to spend $3 billion on share repurchases. The company plans to start its buyback program in 4Q16.

    By Nicholas Chapman
  • uploads///ECA Q Post Annotations
    Earnings Report

    How Encana’s Stock Price Reacted to Past Earnings Beats

    Encana (ECA) announced its 3Q16 earnings on November 3, 2016, before the market opened.

    By Nicholas Chapman
  • uploads///ECA Q Post Implied Volatility
    Earnings Report

    What Does Encana’s Implied Volatility Forecast for Its Stock Price?

    As of November 4, 2016, Encana (ECA) had an implied volatility of ~57.8%, which is ~25.3% below its 260-trading-day historical price volatility of ~77.3%.

    By Nicholas Chapman
  • uploads///ECA Q Post Analysts
    Earnings Report

    Wall Street Analysts’ Forecasts after Encana’s 3Q16 Earnings

    Currently, ~46% of Wall Street analysts rate Encana (ECA) as a “buy” and ~36% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///ECA Q Post Outlook
    Earnings Report

    What’s Encana’s 2017 and 2018 Outlook?

    On October 5, 2016, Encana outlined its outlook for 2017 and 2018.

    By Nicholas Chapman
  • uploads///ECA Q Post Cash Flow
    Earnings Report

    How Much Cash Did Encana Generate in 3Q16?

    For 3Q16, Encana (ECA) reported cash flows of $0.22 per share, which is lower by ~59% when compared with 3Q15.

    By Nicholas Chapman
  • uploads///ECA Q Post EPS
    Earnings Report

    How Did Encana’s 3Q16 Earnings Look?

    Encana (ECA) announced its 3Q16 earnings on November 3, 2016, before the markets opened.

    By Nicholas Chapman
  • uploads///RRC Q Post Implied Volatility
    Earnings Report

    What Does Range Resources’ Implied Volatility Forecast for Its Stock Price?

    As of October 25, Range Resources had an implied volatility of ~42.01%, which is ~33.9% below its 260-trading day historical price volatility of ~63.5%.

    By Nicholas Chapman
  • uploads///COP Q EBITDA Margin
    Company & Industry Overviews

    How Are Crude Oil Prices Affecting ConocoPhillips’s Margins?

    In 2Q16, ConocoPhillips (COP) reported an adjusted EBITDA margin of ~22%, which is much lower than its 2Q15 adjusted EBITDA margin of ~31%.

    By Nicholas Chapman
  • © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.