Buy Encana, hold on to Cenovus

ENCANA CORP $29.14 (Toronto symbol ECA; Shares outstanding: 735.3 million; Market cap: $21.4 billion; TSINetwork Rating: Average; Dividend yield: 2.8%; www.encana.com) earned $98 million, or $0.13 a share, before one-time items in the three months ended September 30, 2010 (all amounts except share price in… Read More

ENCANA CORP. $33 – New York symbol ECA

ENCANA CORP. $33 (New York symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 741.7 million; Market cap: $24.5 billion; Price-to-sales ratio: 2.3; Dividend yield: 2.4%; WSSF Rating: Average) is a leading North American natural-gas producer. The company focuses on unconventional reserves, such as shale… Read More

EnCana splits itself up

ENCANA CORP $30 (Toronto symbol ECA; Shares outstanding: 750.2 million; Market cap: $22.5 billion; SI Rating: Average) and CENOVUS ENERGY $26.30 (Toronto symbol CVE; Shares outstanding: 750.2 million; Market cap: $19.7 billion; SI Rating: Extra Risk) are now trading as separate stocks after EnCana split… Read More