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,...
Well positioned with large market cap and great fundamentals, low P/E, increasing EPS. Plus, I have always liked energy stocks because, I believe, they are bound to go up over time since everyone needs energy and, at present, supply is less than demand. Even better that ENERGY is a hot sector now.
One downside is that stock valuation (EPS/Market return) implies the stock is overvalued (big time), and future analyst forecasts (5-yr and longer) aren't so hot. For these reasons I put a VERY conservative target price that takes the downsides into account.
There is little I can do at this point to people who would like to believe dim-witted economists who tell you that the world is falling apart. Perhaps this anecdote will help.
Hello Bill,I want to thank you for all the work you do for the community.Stating your position in a clear manner and staying the course is difficult to say the least.These are indeed historic times. I am in the market as of 9/24/08, and added since. Still have some cash left. This reminds of Oct.1987, I was stockbroker and my clients were hurting. I felt terrible! We made it thru. Life g
Nexen, Inc. (NXY) reported strong second-quarter results from its oil and gas business and increased its full-year capital by about $600-800 million. The company announced a share buyback program for 10 percent of its outstanding shares. Nexen has several identified projects that will generate future production growth and create value.
However, we believe that these positives are already reflected in the current valuation, leaving little upside from current levels. As such, we are keeping our Hold rating unchanged at this stage.
Nexen has been actively investing in its upstream assets in rec
This is my first post ever at Seeking Alpha, so please be kind. I'm not a hot-shot investment pro, just a 'Do it yourself-er'. I've managed to beat the market 11 out of the past 13 years (and every year since the Dot-com bust) by buying stock the way my Grandmother used to buy wool ("I buy a bunch when it is on sale, so that I make more money on my shirts when I sell," she used to say).
Since I am a long-term 'buy and hold' investor, I personally see a lot of value in this market. Yes, there will be ups and downs, but in the end, these 4 stocks will seem like incredible bargains, 5 to 1
EnCana added significant acreage in Haynesville Shale and the Horn River Shale, two of the most promising shale plays in North America. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experiment...
Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
The Toronto Stock Exchange has fared much better in what has officially become a U....
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ECA
About EnCana Corp
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Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
