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Also traded in: Canada, Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.18
ECA's Cash-to-Debt is ranked lower than
69% of the 449 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.72 vs. ECA: 0.18 )
Ranked among companies with meaningful Cash-to-Debt only.
ECA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.07 Max: 0.55
Current: 0.18
0.02
0.55
Equity-to-Asset 0.42
ECA's Equity-to-Asset is ranked lower than
60% of the 423 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.51 vs. ECA: 0.42 )
Ranked among companies with meaningful Equity-to-Asset only.
ECA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28  Med: 0.44 Max: 0.51
Current: 0.42
0.28
0.51
Piotroski F-Score: 5
Altman Z-Score: 0.64
Beneish M-Score: -2.22
WACC vs ROIC
18.67%
-17.42%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % -64.82
ECA's Operating Margin % is ranked lower than
60% of the 429 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -45.13 vs. ECA: -64.82 )
Ranked among companies with meaningful Operating Margin % only.
ECA' s Operating Margin % Range Over the Past 10 Years
Min: -142.49  Med: 18.83 Max: 43.79
Current: -64.82
-142.49
43.79
Net Margin % -32.13
ECA's Net Margin % is ranked higher than
59% of the 429 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -49.17 vs. ECA: -32.13 )
Ranked among companies with meaningful Net Margin % only.
ECA' s Net Margin % Range Over the Past 10 Years
Min: -116.8  Med: 10.39 Max: 42.3
Current: -32.13
-116.8
42.3
ROE % -16.08
ECA's ROE % is ranked lower than
54% of the 420 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -13.16 vs. ECA: -16.08 )
Ranked among companies with meaningful ROE % only.
ECA' s ROE % Range Over the Past 10 Years
Min: -72.18  Med: 6.63 Max: 47
Current: -16.08
-72.18
47
ROA % -6.21
ECA's ROA % is ranked higher than
58% of the 496 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -9.02 vs. ECA: -6.21 )
Ranked among companies with meaningful ROA % only.
ECA' s ROA % Range Over the Past 10 Years
Min: -28.5  Med: 2.77 Max: 16.62
Current: -6.21
-28.5
16.62
ROC (Joel Greenblatt) % -13.66
ECA's ROC (Joel Greenblatt) % is ranked lower than
51% of the 470 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -13.05 vs. ECA: -13.66 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
ECA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -58.43  Med: 6.7 Max: 38.31
Current: -13.66
-58.43
38.31
3-Year Revenue Growth Rate -19.50
ECA's 3-Year Revenue Growth Rate is ranked lower than
54% of the 369 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -18.20 vs. ECA: -19.50 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
ECA' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -30.2  Med: 2 Max: 27.7
Current: -19.5
-30.2
27.7
GuruFocus has detected 2 Warning Signs with Encana Corp $ECA.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» ECA's 10-Y Financials

Financials (Next Earnings Date: 2017-05-16 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

ECA Guru Trades in Q1 2016

Caxton Associates 170,000 sh (New)
Jim Simons 2,391,500 sh (New)
John Griffin 4,290,000 sh (New)
Ron Baron 293,800 sh (New)
Andreas Halvorsen 80,583,000 sh (+1915.36%)
Chris Davis 74,073,062 sh (+5.54%)
Steven Cohen Sold Out
Paul Tudor Jones Sold Out
Ray Dalio Sold Out
PRIMECAP Management Sold Out
First Eagle Investment 1,377,892 sh (-0.29%)
» More
Q2 2016

ECA Guru Trades in Q2 2016

Steven Cohen 7,042,965 sh (New)
Ray Dalio 158,500 sh (New)
Ron Baron 513,700 sh (+74.85%)
First Eagle Investment 1,377,892 sh (unchged)
Andreas Halvorsen 80,583,000 sh (unchged)
John Griffin 4,290,000 sh (unchged)
Caxton Associates Sold Out
Jim Simons Sold Out
Chris Davis 73,364,585 sh (-0.96%)
» More
Q3 2016

ECA Guru Trades in Q3 2016

Paul Singer 12,130,000 sh (New)
George Soros 50,100 sh (New)
Sarah Ketterer 677,772 sh (New)
Signature Select Canadian Fund 720,000 sh (New)
Ray Dalio 260,800 sh (+64.54%)
Steven Cohen 11,006,225 sh (+56.27%)
Ron Baron 658,900 sh (+28.27%)
Andreas Halvorsen 86,825,400 sh (+7.75%)
Chris Davis 75,030,451 sh (+2.27%)
John Griffin 4,290,000 sh (unchged)
Steven Cohen 1,820,000 sh (unchged)
First Eagle Investment 1,356,134 sh (-1.58%)
» More
Q4 2016

ECA Guru Trades in Q4 2016

Steve Mandel 20,888,437 sh (New)
Caxton Associates 159,383 sh (New)
Ray Dalio 365,900 sh (+40.30%)
Andreas Halvorsen 88,788,457 sh (+2.26%)
First Eagle Investment 1,361,155 sh (+0.37%)
Steven Cohen 500,000 sh (unchged)
Paul Singer 12,130,000 sh (unchged)
John Griffin Sold Out
George Soros Sold Out
Sarah Ketterer 663,439 sh (-2.11%)
Ron Baron 634,700 sh (-3.67%)
Chris Davis 71,084,413 sh (-5.26%)
Steven Cohen 726,400 sh (-93.40%)
» More
» Details

Insider Trades

Latest Guru Trades with ECA

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Business Description

Industry: Oil & Gas - E&P » Oil & Gas E&P    NAICS: 211111    SIC: 711
Compare:NYSE:EQT, NYSE:COG, NYSE:XEC, NAS:FANG, NYSE:PE, OTCPK:OISHF, NYSE:MRO, NYSE:NFX, NYSE:RRC, NYSE:AR, OTCPK:OAOFY, OTCPK:IPXHY, OTCPK:SVRGF, OTCPK:LNDNY, NYSE:NBL, OTCPK:TRMLF, NYSE:HES, NYSE:CPG, OTCPK:MGYOY, NYSE:CHK » details
Traded in other countries:ECA.Canada, PCD1.Germany,
Headquarter Location:Canada
Encana Corp is a North American energy producer that is engaged in developing diverse resource plays producing natural gas, oil and NGLs. It is also engaged in marketing of natural gas, oil and NGLs.

Encana is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2015, the company reported net proven reserves of 799 million barrels of oil equivalent. Net production averaged 353 thousand barrels of oil equivalent per day in 2016, at a ratio of 35% oil and natural gas liquids and 65% natural gas.

Guru Investment Theses on Encana Corp

Baron Funds Comments on Encana Corp - Mar 16, 2017

Encana Corp. (NYSE:ECA) is an E&P company with operations in Western Canada and Texas. The stock rose in the fourth quarter after Encana reported production guidance that beat Street expectations, a solid multi-year growth outlook, and lower cash costs. Encana has strong positions in two of the more attractive oil plays in the Permian and Eagle Ford Basins and two of the lowest cost natural gas basins in Western Canada. We believe Encana is one of the most attractively valued E&P companies with strong long-term growth and returns potential.



From Baron Energy and Resources Fund fourth quarter 2016 commentary.



Check out Ron Baron latest stock trades

Baron Energy and Resources Fund Comments on Encana Corp - Nov 21, 2016

Encana Corp. (NYSE:ECA) is an E&P company with primary operations in Western Canada and Texas. Shares rose in the third quarter on raised production guidance, lowered cash costs, and significantly increased drilling activity in its highest return area. Encana has strong positions in two of the more attractive oil resource plays in the Permian and Eagle Ford basins and two of the lowest cost natural gas resource basins in Western Canada. Given its long-term growth potential, we think Encana is one of the most attractively valued E&Ps in the industry.



From Baron Energy and Resources third quarter 2016 commentary.



Check out Ron Baron latest stock trades

David Funds Comments on Encana - Aug 31, 2016

Our fourth representative holding is the Canadian shale oil and gas company Encana (NYSE:ECA), a business that fits all three of these criteria. Based on global supply and demand projections for oil, we do not believe the current price of $45 per barrel is sustainable.10 In our view, oil prices will have to increase significantly over time to provide enough supply to meet growing global demand. In addition, because Encana’s reserves are located in the core of four of the top six shale areas in North America, Encana’s costs to develop and produce oil and gas are quite low.



Moreover, Encana’s reserves of oil and gas are so large the company has decades of production ahead based on current production levels.



Finally, when Doug Suttles became CEO in 2013 he promptly reduced the territories on which the company focuses to four core areas. A willingness to shrink and focus is rare and is a key trait of successful CEOs. Suttles has also executed well by ensuring Encana’s survival during the energy downturn through hedges and asset sales and increased operating efficiency by rapidly bringing well costs down. Based on our conservative estimate of the long-term sustainable price for oil and gas, Encana is trading at 12 times 2018 owner earnings, which is highly attractive considering we expect the company to increase production at a rate of 15% a year for many years to come.



From David Global Fund Semi-Annual Review 2016.



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Top Ranked Articles about Encana Corp

Baron Funds Comments on Encana Corp Guru stock highlight
Encana Corp. (NYSE:ECA) is an E&P company with operations in Western Canada and Texas. The stock rose in the fourth quarter after Encana reported production guidance that beat Street expectations, a solid multi-year growth outlook, and lower cash costs. Encana has strong positions in two of the more attractive oil plays in the Permian and Eagle Ford Basins and two of the lowest cost natural gas basins in Western Canada. We believe Encana is one of the most attractively valued E&P companies with strong long-term growth and returns potential. Read more...
Baron Energy and Resources Fund Comments on Encana Corp Guru stock highlight
Encana Corp. (NYSE:ECA) is an E&P company with primary operations in Western Canada and Texas. Shares rose in the third quarter on raised production guidance, lowered cash costs, and significantly increased drilling activity in its highest return area. Encana has strong positions in two of the more attractive oil resource plays in the Permian and Eagle Ford basins and two of the lowest cost natural gas resource basins in Western Canada. Given its long-term growth potential, we think Encana is one of the most attractively valued E&Ps in the industry. Read more...
Paul Singer Invests in Technology, Oil in 3rd Quarter The guru’s largest new holding is in revitalized technology company
Elliott Management’s Paul Singer (Trades, Portfolio) acquired 12 new holdings in the third quarter. Of these, his top three new holdings are Dell Technologies (NYSE:DVMT), Encana Corp. (NYSE:ECA) and Marathon Petroleum Corp. (NYSE:MPC). Read more...
David Funds Comments on Encana Guru stock highlight
Our fourth representative holding is the Canadian shale oil and gas company Encana (NYSE:ECA), a business that fits all three of these criteria. Based on global supply and demand projections for oil, we do not believe the current price of $45 per barrel is sustainable.10 In our view, oil prices will have to increase significantly over time to provide enough supply to meet growing global demand. In addition, because Encana’s reserves are located in the core of four of the top six shale areas in North America, Encana’s costs to develop and produce oil and gas are quite low. Read more...
Encana and Crestone Peak Resources Announce the Sale of Encana's DJ Basin Assets to Crestone Peak Resources Is Expected to Close by the End of July 2016
CALGARY, AB--(Marketwired - June 30, 2016) - Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) and Crestone Peak Resources (Crestone), which is 95 percent owned by Canada Pension Plan Investment Board and five percent by The Broe Group, announced today that Encana's wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., expects the previously announced sale of its Denver Julesburg (DJ) Basin assets in Colorado to Crestone will close by the end of July 2016."We are pleased to have finalized the details of the transaction and both Encana and Crestone are committed to closing the deal by the end of July 2016," said Doug Suttles, Encana President & CEO. "We are now focused on handover and transition items and are confident that we will conclude the transaction within the next four weeks."The sale has an effective date of April 1, 2015 and includes all of Encana's DJ Basin acreage, comprising 51,000 net acres. "Crestone remains committed to closing the acquisition of Encana's DJ assets in the coming weeks and we are excited to welcome Encana's DJ team into Crestone," said Avik Dey, Managing Director and Head of Natural Resources at Canada Pension Plan Investment Board. Encana CorporationEncana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.About Canada Pension Plan Investment Board
Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 19 million contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City and São Paulo, CPPIB is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At March 31, 2016, the CPP Fund totalled C$278.9 billion. For more information about CPPIB, please visit www.cppib.com or follow us on LinkedIn or Twitter.About The Broe Group
The Broe Group, based in Denver, Colorado, is a diversified privately-owned enterprise with a multi-billion asset base. The Broe Group and its affiliates employ more than 1,000 people directly and provide employment for countless others through its Great Western Industrial Park in Northern Colorado. The Broe Group and its affiliates own and/or manage commercial real estate and other businesses across North America. Its transportation affiliate, OmniTRAX, Inc., is a leading transportation services firm with railroad, port and terminal operations, and is the 2nd largest operator of short-line railroads in the U.S. Its energy affiliate, Great Western Oil & Gas Company, is a top 10 driller in Colorado and among the top 100 drillers in the U.S. The Broe Group has multiple other investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, see www.broe.com.ADVISORY REGARDING FORWARD-LOOKING STATEMENTS -- This news release contains certain forward-looking statements or information (collectively, "forward-looking statements" or "FLS") within the meaning of applicable securities legislation. FLS include, but are not limited to: the expectation that the closing conditions of the transaction will be satisfied; the timing of closing thereof; and expected proceeds from the transaction.Readers are cautioned against unduly relying on FLS which, by their nature, involve numerous assumptions, risks and uncertainties that may cause such statements not to occur, or for results to differ materially from those expressed or implied. These assumptions include: enforceability of the agreement; the ability of the parties to satisfy closing conditions; the value of adjustments to the expected proceeds from the transaction; and expectations and projections made in light of, and generally consistent with, Encana's historical experience and its perception of historical trends, including with respect to the pace of technological development, the benefits achieved and general industry expectations.Risks and uncertainties that may affect these business outcomes include: risks inherent to closing the transaction including whether it will close on a timely basis or at all; adjustments that may reduce the expected proceeds to Encana; issues or disputes with partners or third parties; commodity price volatility; counterparty and credit risk; and other risks and uncertainties impacting Encana's business, as described in its most recent MD&A, financial statements, Annual Information Form and Form 40-F, as filed on SEDAR and EDGAR.Although Encana believes the expectations represented by such FLS are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned that the assumptions, risks and uncertainties referenced above are not exhaustive. FLS are made as of the date of this news release and, except as required by law, Encana undertakes no obligation to update publicly or revise any FLS. The FLS contained in this news release are expressly qualified by these cautionary statements.
SOURCE: Encana Corporation

Further information on Encana Corporation is available on the company's website, www.encana.com, or by contacting:

Encana Investor contacts:
Brendan McCracken
Vice-President, Investor Relations
(403) 645-2978

Patti Posadowski
Sr. Advisor, Investor Relations
(403) 645-2252

Encana Media contacts:
Simon Scott
Vice-President, Communications
(403) 645-2526

Jay Averill
Director, Media Relations
(403) 645-4747

Further information on Canada Pension Plan Investment Board (CPPIB) and The Broe Group is available by contacting:

Canada Pension Plan Investment Board (CPPIB)
Dan Madge
Senior Manager, Media Relations
T: 1 416 868 8629
[email protected]

The Broe Group
Ronald Margulis
T: 1 908 337 0020
[email protected]



Read more...
Encana Reaches Agreement to Sell Gordondale Assets for C$625 Million
CALGARY, AB--(Marketwired - June 21, 2016) - (TSX: ECA)(NYSE: ECA)Encana Corporation announced today that it has reached an agreement to sell its Gordondale assets in northwestern Alberta to Birchcliff Energy Ltd. (TSX: BIR) for a total cash consideration of C$625 million. The sale includes approximately 54,200 net acres of land and associated infrastructure. In addition, through the transfer of current and future obligations, Encana is reducing midstream and downstream commitments by more than C$100 million on an undiscounted basis. No drilling or completions capital has been spent or was planned for the area in 2016.As highlighted at Encana's recent Montney Investor Day in May 2016, the company has a large inventory of high-quality potential drilling locations in the play. Following this sale, Encana's Montney play will comprise of over 9,000 potential drilling locations with two-thirds of those wells located in the condensate-rich part of the play. "We are tightening our portfolio and sharpening our focus in the Montney where we expect to grow liquids production to 50,000 barrels per day by the end of 2018," said Doug Suttles, Encana President & CEO. "This transaction further strengthens our balance sheet and gives us greater financial flexibility as we look to the future."Encana's Gordondale assets produced an average of 25,200 barrels of oil equivalent (BOE) per day on a net after-royalty basis during the first quarter of 2016, comprising 65 percent natural gas and 35 percent liquids. Based on Encana's development plan at year-end 2015, estimated proved reserves were approximately 50 million barrels of oil equivalent (MMBOE) on a net after-royalty basis.The sale of Encana's Gordondale assets is subject to the satisfaction of normal closing conditions, as well as regulatory approvals and post-closing adjustments. The transaction is expected to close in the summer of 2016 with an effective date of January 1, 2016.RBC Capital Markets advised Encana on the transaction. Encana CorporationEncana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.ADVISORY REGARDING OIL AND GAS INFORMATION - Reserves are the estimated remaining quantities of oil and natural gas and related substances anticipated to be recoverable from known accumulations, from a given date forward, based on: analysis of drilling, geological, geophysical and engineering data, the use of established technology, and specified economic conditions, which are generally accepted as being reasonable. Proved reserves are those reserves which can be estimated with a high degree of certainty to be recoverable. It is likely that the actual remaining quantities recovered will exceed the estimated proved reserves.The conversion of natural gas volumes to BOE is on the basis of six thousand cubic feet to one barrel. BOE is based on a generic energy equivalency conversion method primarily applicable at the burner tip and does not represent economic value equivalency at the wellhead. Readers are cautioned that BOE may be misleading, particularly if used in isolation.This news release discloses potential drilling locations, which include proved, probable, contingent and unbooked locations. These estimates are prepared internally based on Encana's prospective acreage and an assumption as to the number of wells that can be drilled per section based on industry practice and internal review. Approximately 20 percent of these locations were booked as either reserves or resources, as prepared by independent qualified reserves evaluators using forecast prices and costs as of December 31, 2015. Unbooked locations do not have attributed reserves or resources and have been identified by management as an estimation of Encana's multi-year drilling activities based on evaluation of applicable geologic, seismic, engineering, production and reserves information. There is no certainty that Encana will drill all unbooked locations and if drilled there is no certainty that such locations will result in additional oil and gas reserves, resources or production. The locations on which Encana will actually drill wells, including the number and timing thereof is ultimately dependent upon the availability of capital, regulatory and partner approvals, seasonal restrictions, equipment and personnel, oil and natural gas prices, costs, actual drilling results, additional reservoir information that is obtained, production rate recovery, transportation constraints and other factors. While certain of the unbooked locations have been de-risked by drilling existing wells in relative close proximity to such locations, many of other unbooked locations are farther away from existing wells where management has less information about the characteristics of the reservoir and therefore there is more uncertainty whether wells will be drilled in such locations and if drilled there is more uncertainty that such wells will result in additional proved or probable reserves, resources or production.ADVISORY REGARDING FORWARD-LOOKING STATEMENTS - This news release contains certain forward-looking statements or information (collectively, "forward-looking statements" or "FLS") within the meaning of applicable securities legislation. FLS include, but are not limited to: expected proceeds from the sale of the Gordondale assets, the use of proceeds therefrom, the expectation that the closing conditions and regulatory approvals will be satisfied and the timing of closing thereof; expected reduction in midstream and downstream commitments; potential drilling locations, including quantity, quality and commodity composition; growth of liquids production in the Montney and timeframe thereof; and impact of the transaction to strengthen the balance sheet and provide greater financial flexibility.Readers are cautioned against unduly relying on FLS which, by their nature, involve numerous assumptions, risks and uncertainties that may cause such statements not to occur, or for results to differ materially from those expressed or implied. These assumptions include: enforceability of the agreement; the ability of the parties to satisfy closing conditions and regulatory approvals; the value of adjustments to the expected proceeds from the transaction; assumptions contained in Encana's 2016 corporate guidance and in this news release; data contained in key modeling statistics; effectiveness of Encana's resource play hub model to drive productivity and efficiencies; and expectations and projections made in light of, and generally consistent with, Encana's historical experience and its perception of historical trends, including with respect to the pace of technological development, the benefits achieved and general industry expectations.Risks and uncertainties that may affect these business outcomes include: risks inherent to closing the transaction including whether it will close on a timely basis or at all; adjustments that may reduce the expected proceeds to Encana; commodity price volatility; counterparty and credit risk; imprecision of reserves estimates and estimates of recoverable quantities of natural gas and liquids from resource plays and other sources not currently classified as proved, probable or possible reserves or economic contingent resources, including future net revenue estimates; risks associated with past and future divestitures of certain assets or other transactions or receive amounts contemplated under the transaction agreements (such transactions may include third-party capital investments, farm-outs or partnerships, which Encana may refer to from time to time as "partnerships" or "joint ventures" and the funds received in respect thereof which Encana may refer to from time to time as "proceeds", "deferred purchase price" and/or "carry capital", regardless of the legal form) as a result of various conditions not being met; and other risks and uncertainties impacting Encana's business, as described in its most recent MD&A, financial statements, Annual Information Form and Form 40-F, as filed on SEDAR and EDGAR.Although Encana believes the expectations represented by such FLS are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned that the assumptions, risks and uncertainties referenced above are not exhaustive. FLS are made as of the date of this news release and, except as required by law, Encana undertakes no obligation to update publicly or revise any FLS. The FLS contained in this news release are expressly qualified by these cautionary statements.SOURCE: Encana Corporation
Further information on Encana Corporation is available on the company's website, www.encana.com, or by contacting:

Investor Contact:
Brendan McCracken
Vice-President, Investor Relations
(403) 645-2978

Patti Posadowski
Sr. Advisor, Investor Relations
(403) 645-2252

Media Contact:
Simon Scott
Vice-President, Communications
(403) 645-2526

Jay Averill
Director, Media Relations
(403) 645-4747



Read more...
Encana to Hold Presentation for Investors on Montney Resource Play on Tuesday, May 17, 2016
CALGARY, AB--(Marketwired - May 12, 2016) -  (TSX: ECA) (NYSE: ECA)Encana Corporation is hosting a presentation for investors focused on the Montney on May 17, 2016 at the JW Marriott Essex House in New York City.The event will provide participants the opportunity to deepen their knowledge of this premier resource play and its significant liquids potential. The presentation will include discussion of the evolution of the play, market dynamics, how Encana continues to increase well productivity and lower costs, and the company's future development plans.A live audio webcast of the presentation, which begins at 6 a.m. MT (8 a.m. ET), will be available at http://media.rampard.com/encana/20160517/reg.jsp. Encana Corporation
Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.SOURCE: Encana Corporation
Further information on Encana Corporation is available on the company's website, www.encana.com, or by contacting: 

Investor contact: 
Brendan McCracken 
Vice-President, Investor Relations 
(403) 645-2978

Patti Posadowski 
Sr. Advisor, Investor Relations 
(403) 645-2252 

Media contact:  
Simon Scott 
Vice-President, Communications 
(403) 645-2526

Jay Averill 
Director, Media Relations 
(403) 645-4747



Read more...
Encana Reports on the Election of Directors Voting Results From the 2016 Annual Meeting of Shareholders
CALGARY, AB--(Marketwired - May 03, 2016) - The following matter was voted upon at the Annual Meeting of Shareholders of Encana Corporation (TSX: ECA)(NYSE: ECA) (the "Corporation") held on May 3, 2016 in Calgary, Alberta. The matter is described in greater detail in the Notice of 2016 Annual Meeting of Shareholders and Information Circular dated March 1, 2016 (the "Circular").

Election of Directors
By resolution passed via ballot, the following 11 nominees were appointed as Directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed. The results of the ballot were as follows:

 
 
 
 
 



Name of Nominee


Votes For


Percent


Votes Withheld


Percent



Peter A. Dea
518,537,447
99.50%
2,623,541
0.50%


Fred J. Fowler
515,716,386
98.96%
5,444,602
1.04%


Howard J. Mayson
517,612,094
99.32%
3,548,894
0.68%


Lee A. McIntire
515,633,084
98.94%
5,527,904
1.06%


Margaret A. McKenzie
515,049,676
98.83%
6,111,312
1.17%


Suzanne P. Nimocks
515,665,506
98.95%
5,495,482
1.05%


Jane L. Peverett
511,999,675
98.24%
9,161,313
1.76%


Brian G. Shaw
518,662,159
99.52%
2,498,829
0.48%


Douglas J. Suttles
518,629,931
99.51%
2,531,057
0.49%


Bruce G. Waterman
516,238,259
99.06%
4,922,729
0.94%


Clayton H. Woitas
517,284,961
99.26%
3,875,000
0.74%


 
 
 
 
 

Encana Corporation
Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.
Further information on Encana Corporation is available on the company's website, www.encana.com, or by contacting:

Investor contact:
Brendan McCracken 
Vice-President, Investor Relations 
(403) 645-2978 

Patti Posadowski 
Sr. Advisor, Investor Relations 
(403) 645-2252

Media contact:
Simon Scott 
Vice-President, Communications 
(403) 645-2526

Jay Averill 
Director, Media Relations 
(403) 645-6553



Read more...
Encana Delivers Basin-Leading Well Performance and Lowers Costs in the First Quarter
CALGARY, AB--(Marketwired - May 03, 2016) -
 Encana Corporation (TSX: ECA) (NYSE: ECA)Encana built on its track record of strong operational and financial performance through the first quarter. The company delivered basin-leading well results and drilling and completions costs in its core four assets. Encana took decisive steps to further lower its corporate costs and reduce long-term debt. Highlights include:
company on track to meet or beat 2016 guidance announced in February total production of 383,400 barrels of oil equivalent per day (BOE/d) core four assets contributed 269,100 BOE/d, or 70 percent of total production reduced drilling and completions costs in core four assets by between 22 and 44 percent compared to 2015 average reduced general administrative costs by over 20 percent compared to the previous quarter, excluding restructuring and long-term incentive costs on track to deliver $550 million in year-over-year cost savings launched and completed successful tender offers to retire $489 million of senior notes "The quality of our core four assets, combined with increased capital efficiency and operational innovation, are delivering basin-leading performance, enhancing our competitiveness and contributing to cash flow," said Doug Suttles, Encana President & CEO. "Our teams are drilling some of the fastest, highest performing and lowest cost wells in our core four assets and we continue to find greater efficiency in every part of the business. We are on track to deliver $550 million of year-over-year cost savings." Basin-leading well performance and continued capital efficiency
During the first quarter, Encana's internal analysis and independent third-party research indicates the company is delivering well performance among the top of its peer groups in its core four assets. The company reduced its average Permian and Eagle Ford drilling and completion costs by 24 and 44 percent respectively, compared to its 2015 average and has already exceeded its 2016 cost reduction targets. In the Duvernay, Encana reduced its average drilling and completion costs by 35 percent compared to its 2015 average and the company has around 65 percent of the play's top 40 performing wells, based on 180-day initial production rates. Encana continues to unlock the condensate potential in the Montney, with recent Pipestone wells significantly exceeding liquids expectations. Recent condensate-rich wells in Dawson South and Tower are outperforming type curves. The company lowered its average Montney drilling and completion costs by 22 percent compared to the 2015 average and has already exceeded its 2016 cost reduction target. Proactive financial management lowers costs and enhances cash flow
Encana continued to proactively manage its balance sheet in the first quarter by launching and completing successful tender offers to purchase some of its outstanding senior notes. As a result, the company retired $489 million of its senior notes at a cost of $400 million, excluding accrued and unpaid interest. Encana expects annual interest expense savings associated with its early retirement of senior notes to be around $30 million, or around $680 million undiscounted over the life of the acquired notes, before tax and borrowing costs. The tender offers complement Encana's proactive $2 billion debt reduction in 2015. During the quarter, Encana lowered its general and administrative expense by over 20 percent compared to the previous quarter (excluding restructuring and long-term incentive costs). The company is on track to deliver $550 million in year-over-year cost efficiencies in 2016 and expects the full-year benefit of these savings will be even greater in 2017. The company has hedged approximately 75 percent of expected 2016 oil and condensate production and 85 percent of expected natural gas production for the remainder of the year, providing significant cash flow protection. First quarter results
Encana's core four assets contributed 269,100 BOE/d or 70 percent of total first quarter production of 383,400 BOE/d. Total liquids production averaged 130,800 barrels per day (bbls/d), an increase of eight percent from the same period last year. Natural gas production in the first quarter of 2016 averaged 1.5 billion cubic feet per day (Bcf/d). Encana is on track to meet or beat its 2016 guidance, announced on February 24, 2016.Encana generated first quarter cash flow of $102 million or $0.12 per share, compared to $383 million or $0.45 per share in the fourth quarter of 2015. The decrease is largely attributable to sharp declines in oil and natural gas prices, lower realized hedging gains, reduced liquids volumes and a one-time restructuring charge of $31 million. The company recorded a first quarter operating loss of $130 million or $0.15 per share and a net loss of $379 million, which included after-tax, non-cash ceiling test impairments of $607 million, partially offset by an after-tax non-operating foreign exchange gain of $295 million. Encana's Risk Management Program
As at April 26, 2016, Encana has hedged approximately 75 percent of expected 2016 oil and condensate production and 85 percent of expected natural gas production. The company has hedged approximately 75 percent of May to December 2016 oil and condensate production. This includes 55,000 bbls/d of May to December 2016 production hedged using WTI fixed price contracts at an average price of $55.61 per bbl. Encana also has approximately 22,000 bbls/d of July to December 2016 oil and condensate production hedged under three-way options. The WTI three-way options are a combination of a sold call, purchased put and a sold put with average prices of $62.99, $55.00 and $47.11 per bbl, respectively.Encana has 10,000 bbls/d of expected Q1 2017 crude and condensate hedged using WTI fixed price contracts at an average price of $50.86 per bbl.The company has hedged approximately 85 percent of May to December 2016 natural gas production. This includes 889 million cubic feet per day (MMcf/d) of May to December 2016 production hedged using NYMEX fixed price contracts at an average price of $2.67 per thousand cubic feet (Mcf). Encana has also executed 335 MMcf/d of May to December 2016 NYMEX hedges as costless collars. These costless collars combine a purchased put and sold call with average strike prices of $2.22 per Mcf and $2.46 per Mcf, respectively. The company participates in price movements between the put and call levels, while achieving a firm price floor as protection against weak prices.Encana has approximately 300 MMcf/d of expected 2017 natural gas production hedged under three-way options. The NYMEX three-way options are a combination of a sold call, purchased put and a sold put with average prices of $3.07, $2.75 and $2.27 per Mcf, respectively. Encana also has approximately 350 MMcf/d of NYMEX fixed price contracts for Q1 2017 at an average price of $3.07 per Mcf. Dividend Declared
On May 2, 2016, the Board declared a dividend of $0.015 per share payable on June 30, 2016 to common shareholders of record as of June 15, 2016.
First Quarter Highlights


 


 



Financial Summary



(for the period ended March 31)
 
 


($ millions, except per share amounts)

Q1 2016

Q1 2015



Cash flow

1



102

495


 
Per share diluted

0.12

0.65



Operating earnings (loss)

1



(130)

19


 
Per share diluted

(0.15)

0.03



Earnings Reconciliation Summary



Net earnings (loss) 

(379)

 (1,707)



After-tax (addition) deduction:
 
 


 
Unrealized hedging gain (loss)

(35)

(98)


 
Impairments

(607)

(1,222)


 
Restructuring charges2

(22)

(10)


 
Non-operating foreign exchange gain (loss)

295

(508)


 
Gain (loss) on divestitures

-

10


 
Gain (loss) on debt retirement
65
-


 
Income tax adjustments

55

102



Operating earnings (loss)

1,2



(130)

19


 
Per share diluted

(0.15)

0.03


 
 
 
 




1



 
Cash flow and operating earnings are non-GAAP measures as defined in Note 1.




2

 
In Q2 2015, organizational structure changes were formalized which resulted in a revision to the Q1 2015 operating earnings to exclude restructuring charges incurred in the first quarter.



 


 





Production Summary





(for the period ended March 31) (after royalties)
 



Q1 2016

 


Q1 2015
 


% change



Natural gas (MMcf/d)
 

1,516

 
1,857
 
(18)



Liquids (Mbbls/d)
 

130.8

 
120.7
 
8


 
 
 
 
 
 
 


 
 
 
 
 
 
 




First Quarter Natural Gas and Liquids Prices



 
 

Q1 2016

 
Q1 2015



Natural gas

 
 
 
 


NYMEX ($/MMBtu)
 

2.09

 
2.98



Encana realized gas price

1

($/Mcf)

 

2.18

 
4.78



Oil and NGLs
($/bbl)

 
 
 
 


WTI
 

33.45

 
48.64



Encana realized liquids price

1


 

33.09

 
37.83


 
 
 
 
 




1

 
Realized prices include the impact of financial hedging.


 
 
 


 
 
 

A conference call and webcast to discuss the 2016 first quarter results will be held for the investment community today, May 3, 2016, at 7 a.m. MT (9 a.m. ET). To participate, please dial (866) 223-7781 (toll-free in North America) or (416) 340-2216 approximately 10 minutes prior to the conference call. An archived recording of the call will be available from approximately 10 p.m. MT on May 3 until 11:59 p.m. MT on May 10, 2016 by dialing (800) 408-3053 or (905) 694-9451 and entering passcode 8482440. The Annual Meeting of Shareholders will be held today, May 3, 2016, at BMO Centre, Palomino Room, 20 Roundup Way S.E., Calgary, Alberta, beginning at 10 a.m. MT (12 p.m. ET). Live audio webcasts of the first quarter conference call and the Annual Meeting of Shareholders, as well as presentation slides, will also be available on Encana's website, www.encana.com, under Investors/Presentations & Events. The webcasts will be archived for approximately 90 days. Encana Corporation
Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA. Important Information
Encana reports in U.S. dollars unless otherwise noted. Production, sales and reserves estimates are reported on an after-royalties basis, unless otherwise noted. Per share amounts for cash flow and earnings are on a diluted basis. The term liquids is used to represent oil, NGLs and condensate. The term liquids rich is used to represent natural gas streams with associated liquids volumes. Unless otherwise specified or the context otherwise requires, reference to Encana or to the company includes reference to subsidiaries of and partnership interests held by Encana Corporation and its subsidiaries. NOTE 1: Non-GAAP measures
This news release contains references to non-GAAP measures as follows:
Cash flow is a non-GAAP measure defined as cash from operating activities excluding net change in other assets and liabilities, net change in non-cash working capital and cash tax on sale of assets. Operating earnings (loss) is a non-GAAP measure defined as net earnings (loss) excluding non-recurring or non-cash items that management believes reduces the comparability of the company's financial performance between periods. These after-tax items may include, but are not limited to, unrealized hedging gains/losses, impairments, restructuring charges, non-operating foreign exchange gains/losses, gains/losses on divestitures, gains/losses on debt retirement, income taxes related to divestitures and adjustments to normalize the effect of income taxes calculated using the estimated annual effective income tax rate. These measures have been described and presented in this news release in order to provide shareholders and potential investors with additional information regarding Encana's liquidity and its ability to generate funds to finance its operations. ADVISORY REGARDING OIL AND GAS INFORMATION - The conversion of natural gas volumes to barrels of oil equivalent ("BOE") is on the basis of six thousand cubic feet to one barrel. BOE is based on a generic energy equivalency conversion method primarily applicable at the burner tip and does not represent economic value equivalency at the wellhead. Readers are cautioned that BOE may be misleading, particularly if used in isolation. ADVISORY REGARDING FORWARD-LOOKING STATEMENTS - This news release contains certain forward-looking statements or information (collectively, "FLS") within the meaning of applicable securities legislation. FLS include: expectation of meeting or exceeding the targets in Encana's 2016 corporate guidance; well performance and costs relative to peers and within plays; anticipated capital and cost efficiencies, including drilling and completion, operating and corporate costs; anticipated interest expense savings; expectation to continue to unlock potential in certain plays, including commodity expectations and operating performance compared to type curves; expectation to continue to reduce long-term debt; anticipated production; anticipated hedging and outcomes of risk management program, including amount of hedged production; the expectation to continue to strengthen Encana's balance sheet; and anticipated dividends.Readers are cautioned against unduly relying on FLS which, by their nature, involve numerous assumptions, risks and uncertainties that may cause such statements not to occur, or for results to differ materially from those expressed or implied. These assumptions include: assumptions contained in Encana's 2016 corporate guidance and in this news release; data contained in key modeling statistics; availability of attractive hedges and enforceability of risk management program; results from innovations; expectation that counterparties will fulfill their obligations under gathering, midstream and marketing agreements; access to transportation and processing facilities where Encana operates; effectiveness of Encana's resource play hub model to drive productivity and efficiencies; and expectations and projections made in light of, and generally consistent with, Encana's historical experience and its perception of historical trends, including with respect to the pace of technological development, the benefits achieved and general industry expectations.Risks and uncertainties that may affect these business outcomes include: risks inherent to closing announced divestitures on a timely basis or at all and adjustments that may reduce the expected proceeds and value to Encana; commodity price volatility; timing and costs of well, facilities and pipeline construction; ability to secure adequate product transportation and potential pipeline curtailments; business interruption and casualty losses or unexpected technical difficulties; counterparty and credit risk; fluctuations in currency and interest rates; risk and effect of a downgrade in credit rating, including below an investment-grade credit rating, and its impact on access to capital markets and other sources of liquidity; variability and discretion of Encana's Board to declare and pay dividends, if any; the ability to generate sufficient cash flow to meet Encana's obligations; failure to achieve anticipated results from cost and efficiency initiatives; risks inherent in marketing operations; risks associated with technology; Encana's ability to acquire or find additional reserves; imprecision of reserves estimates and estimates of recoverable quantities of natural gas and liquids from resource plays and other sources not currently classified as proved, probable or possible reserves or economic contingent resources, including future net revenue estimates; changes in or interpretation of royalty, tax, environmental, accounting and other laws; risks associated with past and future divestitures of certain assets or other transactions or receive amounts contemplated under the transaction agreements (such transactions may include third-party capital investments, farm-outs or partnerships, which Encana may refer to from time to time as "partnerships" or "joint ventures" and the funds received in respect thereof which Encana may refer to from time to time as "proceeds", "deferred purchase price" and/or "carry capital", regardless of the legal form) as a result of various conditions not being met; and other risks and uncertainties impacting Encana's business, as described in its most recent MD&A, financial statements, Annual Information Form and Form 40-F, as filed on SEDAR and EDGAR.Although Encana believes the expectations represented by such FLS are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned that the assumptions, risks and uncertainties referenced above are not exhaustive. FLS are made as of the date of this news release and, except as required by law, Encana undertakes no obligation to update publicly or revise any FLS. The FLS contained in this news release are expressly qualified by these cautionary statements.SOURCE: Encana Corporation
Further information on Encana Corporation is available on the company's website, www.encana.com, or by contacting:

Investor contact:
Brendan McCracken

Vice-President, Investor Relations

(403) 645-2978

Patti Posadowski

Sr. Advisor, Investor Relations

(403) 645-2252 


Media contact:
Simon Scott

Vice-President, Communications

(403) 645-2526

Jay Averill

Director, Media Relations

(403) 645-6553



Read more...

Ratios

vs
industry
vs
history
Forward PE Ratio 40.65
ECA's Forward PE Ratio is ranked lower than
67% of the 283 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 23.70 vs. ECA: 40.65 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PB Ratio 1.70
ECA's PB Ratio is ranked lower than
66% of the 420 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.22 vs. ECA: 1.70 )
Ranked among companies with meaningful PB Ratio only.
ECA' s PB Ratio Range Over the Past 10 Years
Min: 0.43  Med: 1.33 Max: 3.29
Current: 1.7
0.43
3.29
PS Ratio 3.19
ECA's PS Ratio is ranked higher than
52% of the 405 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.60 vs. ECA: 3.19 )
Ranked among companies with meaningful PS Ratio only.
ECA' s PS Ratio Range Over the Past 10 Years
Min: 0.56  Med: 1.9 Max: 3.95
Current: 3.19
0.56
3.95
Price-to-Operating-Cash-Flow 15.08
ECA's Price-to-Operating-Cash-Flow is ranked lower than
80% of the 267 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 8.20 vs. ECA: 15.08 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
ECA' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 1.6  Med: 4.26 Max: 18.46
Current: 15.08
1.6
18.46
EV-to-EBIT -12.52
ECA's EV-to-EBIT is ranked lower than
99.99% of the 209 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 16.34 vs. ECA: -12.52 )
Ranked among companies with meaningful EV-to-EBIT only.
ECA' s EV-to-EBIT Range Over the Past 10 Years
Min: -15.9  Med: 5.2 Max: 47.6
Current: -12.52
-15.9
47.6
EV-to-EBITDA -42.90
ECA's EV-to-EBITDA is ranked lower than
99.99% of the 399 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 12.98 vs. ECA: -42.90 )
Ranked among companies with meaningful EV-to-EBITDA only.
ECA' s EV-to-EBITDA Range Over the Past 10 Years
Min: -255.4  Med: 3.6 Max: 60.5
Current: -42.9
-255.4
60.5
Shiller PE Ratio 9.85
ECA's Shiller PE Ratio is ranked higher than
63% of the 79 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 16.38 vs. ECA: 9.85 )
Ranked among companies with meaningful Shiller PE Ratio only.
ECA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.76  Med: 4.8 Max: 12.08
Current: 9.85
1.76
12.08
Current Ratio 1.23
ECA's Current Ratio is ranked higher than
50% of the 480 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.23 vs. ECA: 1.23 )
Ranked among companies with meaningful Current Ratio only.
ECA' s Current Ratio Range Over the Past 10 Years
Min: 0.7  Med: 1.22 Max: 2.1
Current: 1.23
0.7
2.1
Quick Ratio 1.23
ECA's Quick Ratio is ranked higher than
52% of the 479 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.12 vs. ECA: 1.23 )
Ranked among companies with meaningful Quick Ratio only.
ECA' s Quick Ratio Range Over the Past 10 Years
Min: 0.57  Med: 1.22 Max: 2.1
Current: 1.23
0.57
2.1
Days Sales Outstanding 70.28
ECA's Days Sales Outstanding is ranked lower than
67% of the 381 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 55.27 vs. ECA: 70.28 )
Ranked among companies with meaningful Days Sales Outstanding only.
ECA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.9  Med: 43.65 Max: 70.28
Current: 70.28
24.9
70.28
Days Payable 40.68
ECA's Days Payable is ranked lower than
71% of the 238 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 88.02 vs. ECA: 40.68 )
Ranked among companies with meaningful Days Payable only.
ECA' s Days Payable Range Over the Past 10 Years
Min: 33.24  Med: 40.34 Max: 73.08
Current: 40.68
33.24
73.08

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 0.57
ECA's Dividend Yield % is ranked lower than
92% of the 293 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 8.48 vs. ECA: 0.57 )
Ranked among companies with meaningful Dividend Yield % only.
ECA' s Dividend Yield % Range Over the Past 10 Years
Min: 0.45  Med: 3.04 Max: 8.42
Current: 0.57
0.45
8.42
3-Year Dividend Growth Rate -51.80
ECA's 3-Year Dividend Growth Rate is ranked lower than
63% of the 98 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -33.20 vs. ECA: -51.80 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
ECA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -51.8  Med: 0.2 Max: 83.5
Current: -51.8
-51.8
83.5
Forward Dividend Yield % 0.55
ECA's Forward Dividend Yield % is ranked lower than
94% of the 255 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.01 vs. ECA: 0.55 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 0.07
ECA's 5-Year Yield-on-Cost % is ranked lower than
99% of the 404 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.73 vs. ECA: 0.07 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
ECA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.06  Med: 0.38 Max: 1.05
Current: 0.07
0.06
1.05
3-Year Average Share Buyback Ratio -9.50
ECA's 3-Year Average Share Buyback Ratio is ranked higher than
51% of the 365 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -9.80 vs. ECA: -9.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
ECA' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -20.9  Med: 0.7 Max: 5.8
Current: -9.5
-20.9
5.8

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 3.15
ECA's Price-to-Tangible-Book is ranked lower than
79% of the 393 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.28 vs. ECA: 3.15 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
ECA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9  Med: 1.49 Max: 4.1
Current: 3.15
0.9
4.1
Price-to-Intrinsic-Value-Projected-FCF 5.63
ECA's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
84% of the 104 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.33 vs. ECA: 5.63 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
ECA' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.8  Med: 1.41 Max: 6.16
Current: 5.63
0.8
6.16
Price-to-Median-PS-Value 1.70
ECA's Price-to-Median-PS-Value is ranked lower than
81% of the 345 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.02 vs. ECA: 1.70 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
ECA' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.52  Med: 0.72 Max: 1.86
Current: 1.7
0.52
1.86
Earnings Yield (Greenblatt) % -7.97
ECA's Earnings Yield (Greenblatt) % is ranked lower than
76% of the 565 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -3.19 vs. ECA: -7.97 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
ECA' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -8.24  Med: 12.8 Max: 40.8
Current: -7.97
-8.24
40.8
Forward Rate of Return (Yacktman) % -21.47
ECA's Forward Rate of Return (Yacktman) % is ranked lower than
59% of the 169 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -16.11 vs. ECA: -21.47 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
ECA' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -31.4  Med: 0.9 Max: 33.8
Current: -21.47
-31.4
33.8

More Statistics

Revenue (TTM) (Mil) $2,918
EPS (TTM) $ -1.08
Beta2.72
Short Percentage of Float2.09%
52-Week Range $5.89 - 13.85
Shares Outstanding (Mil)973.06

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 3,712 4,775 5,091
EPS ($) 0.25 0.82 1.32
EPS without NRI ($) 0.25 0.82 1.32
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for ECA

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