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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
| | 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 |
| Currency | US Dollars | | Share Price | $78.18 | | Change Today | $0.76 | | 52 Week High | $96.89 | | 52 Week Low | $56.99 | | Volume | 3,497,365 | | Beta | 0.52 | | RiskGrade | 193 | <!-- -- END secondColHolder ----> | 16:02 | 10 @ $78.18 red colour
| | 15:59 | 1 @ $78.30 blue colour
| | 15:59 | 1 @ $78.29 blue colour
| | 15:59 | 3 @ $78.25 red colour
| | 15:58 | 1 @ $78.31 red colour
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ECA:
This call was made
on 07/21/08
@ $78.18
| Rating: |
$78.18 (07/21/08)
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| Gain/Loss: |
-26.08%
in
474 days
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| Target: |
$135.00
(+72.68%)
in > one year
|
|
$ 115.00 
