Savings will help Encana cope

ENCANA CORP. $4.86 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 849.8 million; Market cap: $4.1 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.7%; TSINetwork Rating: Average; www.encana.com) plans to spend $1.5 billion to $1.7 billion upgrading its properties in 2016, down 25% from… Read More

These two will thrive when oil recovers

Lower prices for oil and other commodities are weighing on Encana and Finning (see box). However, both firms are aggressively cutting costs, which puts them in a better position to grow when prices recover.

ENCANA CORP. $9.14 (Toronto symbol ECA; Con- servative Growth Portfolio, Resources… Read More

ENCANA CORP. $9.14 – Toronto symbol ECA

ENCANA CORP. $9.14 (Toronto symbol ECA; Con- servative Growth Portfolio, Resources sector; Shares outstanding: 845.7 million; Market cap: $7.7 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.2%; TSINetwork Rating: Average; www.encana.com) raised $2.7 billion in 2015 by selling less important properties (all amounts except share price… Read More

ENCANA CORP. $9.24 – Toronto symbol ECA

ENCANA CORP. $9.24 (www.encana.com) is selling its Haynesville natural gas properties in northern Louisiana. These assets account for 9% of the company’s production but less than 3% of its cash flow. Selling them will let Encana focus on its more profitable properties (two in Canada… Read More