Opinion on  EnCana Corp (ECA)     Sector: Energy  >  Industry: Oil & Gas Operations
EnCana Corp

EnCana Corporation engages in the exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. The company owns interests in various Canadian property areas, principally comprising Suffield, Brooks North, Langevin, Drumheller, Pelican Lake, and Weyburn located in Alberta and Saskatchewan; and Greater Sierra, Cutbank Ridge, Bighorn, Clearwater, and Sexsmith/Hythe/Saddle Hills located in British Columbia and Alberta. It holds interests primarily in Jonah, Piceance, East Texas, Fort Worth, Maverick Basin, and Columbia River Basin resource areas located in Wyoming, Colorado, and Texas, the United States. EnCana Corporation also has interests in integrated oil and gas assets principally consisting of Cold Lake Air Weapons Range, Foster Creek, Christina Lake, and Borealis located in the U.S. and Canada. In addition, the company owns interests in various properties in Atlantic Canada, Brazil, the Middle East, Greenland, and France. As of December 31, 2007, it had net proved reserves of approximately 13.3 trillion cubic feet of natural gas and 0.9 billion barrels of crude oil, bitumen, and natural gas liquids. The company also involves in refining crude oil and marketing refined petroleum products. It serves primarily local distribution companies, industrials, and energy marketing companies. EnCana Corporation was founded in 1971 and is based in Calgary, Canada.

Analysts'  Recommendation:	Buy
30 Days Ago:	Buy
Analysts' Target:	$101

Analysts' Targets
Canaccord Adams	$115
Buy
Monday, June 23, 2008
UBS Securities	$130
Friday, June 20, 2008
BMO Capital Markets	$95
Wednesday, April 23, 2008
RBC Capital Markets	$94
Outperform
Wednesday, April 23, 2008
Lehman Brothers	$82
Underweight
Wednesday, April 23, 2008
Friedman, Billings, Ramsey & C	$88
Mkt Perform
Tuesday, April 15, 2008

<th style="width: 60px;"> Date </th> <th style="width: 120px;"> Rating </th> <th style="width: 110px;"> Target Price </th> <th style="width: auto;"> Analyst </th> <th style="width: 60px;">   </th>

06/23/08	Buy	$ 115.00	Canaccord Adams
06/20/08	Buy	$ 130.00	UBS
05/28/08	Sector Outperform	$ 115.00	Peters & Co
05/21/08	Outperform	$ 117.00	Credit Suisse
05/21/08	Sector Outperform	$ 115.00	CIBC World Markets
05/14/08	Outperform	CAD 103.00	RBC Capital Markets
05/12/08	Strong Buy	$ 102.00	Raymond James
05/12/08	Mkt Perform	$ 92.00	Friedman,Billings,Ramsey &Co
04/24/08	Equal-weight	$ 82.00	Lehman Brothers
04/23/08	Outperform	$ 95.00

Recommendation Summary	Recent	4 Weeks*	8 Weeks*	12 Weeks*
(1) Strong Buy	6	7	7	5
(2) Moderate Buy	1	1	0	2
(3) Hold	10	9	11	11
(4) Moderate Sell	0	0	0	0
(5) Strong Sell	0	0	0	0
Average Rating	2.24	2.12	2.22	2.33
*Denotes Past Estimates

<!--- start broker rating list ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- ---> <!-- --->

	Recommendation Detail*	Rating	Previous	Date
Canaccord Adams	Hold	Buy	Apr 24, 2008
Bernstein	Mkt Perform	Underperform	Mar 27, 2008
Credit Suisse	Neutral	Outperform	Oct 16, 2007
Lehman Brothers	Equal-weight	Underweight	Jul 27, 2007
CIBC Wrld Mkts	Sector Outperform	No Analyst Data	Jun 14, 2007
AG Edwards	Hold	Buy	Apr 23, 2007
Goldman Sachs	Sell	Neutral	Dec 19, 2006
Citigroup	Sell	Buy	Dec 18, 2006
Goldman Sachs	Neutral	Buy	Aug 02, 2006
Friedman Billings	Mkt Perform	Outperform	Jul 17, 2006
Deutsche Securities	Hold	No Analyst Data	Jul 13, 2006
Friedman Billings	Outperform	Mkt Perform	Mar 15, 2006
Lehman Brothers	Underweight	Equal-weight	Feb 23, 2006
Citigroup	Buy	Hold	Nov 01, 2005
Friedman Billings	Mkt Perform	Outperform	Oct 27, 2005
CIBC Wrld Mkts	Sector Outperform	Sector Perform	Mar 01, 2005
Merrill Lynch	Neutral	Buy	Feb 11, 2005
Smith Barney Citigroup	Hold	No Analyst Data	Dec 17, 2004
CSFB	Outperform	Neutral	Nov 01, 2004
Lehman Brothers	Equal-weight	Underweight	Oct 08, 2004
CSFB	Neutral	Outperform	Jul 29, 2004
Deutsche Securities	Hold	Buy	Apr 19, 2004
CIBC Wrld Mkts	Sector Perform	Sector Outperform	Apr 14, 2004
JP Morgan	Neutral	Overweight	Apr 05, 2004
First Albany	Buy	No Analyst Data	Jan 29, 2004
AG Edwards	Buy	No Analyst Data	Dec 24, 2003
JP Morgan	Overweight	No Analyst Data	Nov 28, 2003
Morgan Stanley	Equal-weight	Overweight	Oct 21, 2003
Lehman Brothers	Underweight	Equal-weight	Oct 15, 2003
Banc of America Sec	Buy	No Analyst Data	Mar 19, 2003
Deutsche Securities	Buy	No Analyst Data	Aug 29, 2002
CSFB	Strong Buy	No Analyst Data	Apr 16, 2002
CIBC Wrld Mkts	Buy	No Analyst Data	Apr 09, 2002

Trades for 18-Jul-2008