Encana Corporation (ECA) EPS Estimated At $0.13 on February, 21

Encana Corporation (NYSE:ECA) Corporate Logo

On February, 21 is anticipated Encana Corporation (NYSE:ECA)’s earnings report, according to RTT. Analysts have expectation on stock’s earnings per share of $0.13. That’s up 8.33 % from last year’s $0.12 earnings per share. If the current earnings per share of $0.13 is accurate, ECA’s profit could be $121.71M. After $0.17 earnings per share was published last quarter, analysts now see negative EPS growth of -23.53 % for Encana Corporation. Ticker’s shares touched $6.13 during the last trading session after 0.33% change.Currently Encana Corporation is downtrending after 46.66% change in last February 11, 2018. ECA has 12.54M shares volume. The stock underperformed the S&P500 by 46.66%.

Encana Corporation (NYSE:ECA) Ratings Coverage

In total 6 analysts cover Encana (NYSE:ECA). “Buy” rating has 1, “Sell” are 0, while 5 are “Hold”. 17% are bullish. 8 are the (NYSE:ECA)’s analyst reports since October 5, 2018 according to StockzIntelligence Inc. On Friday, November 2 the company was downgraded by Raymond James. In Wednesday, November 28 report Macquarie Research downgraded the stock to “Neutral” rating. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, November 20. On Friday, October 12 the stock of Encana Corporation (NYSE:ECA) earned “Overweight” rating by Morgan Stanley. On Monday, November 5 Morgan Stanley downgraded Encana Corporation (NYSE:ECA) to “Equal-Weight” rating. On Monday, November 5 the rating was downgraded by BMO Capital Markets to “Market Perform”.

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.The company has $5.74 billion market cap. The firm owns interests in various assets, such as the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations, including Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located offshore Nova Scotia.Currently it has negative earnings. It also holds interests in assets that comprise the Eagle Ford in south Texas; Permian in west Texas; San Juan in northwest New Mexico; Piceance in northwest Colorado; and Tuscaloosa Marine Shale in east Louisiana and west Mississippi.

For more Encana Corporation (NYSE:ECA) news released briefly go to: Seekingalpha.com, Businesswire.com, Seekingalpha.com, Fool.ca or Seekingalpha.com. The titles are as follows: “Encana Buys Newfield For Much Needed Liquids Growth Runway – Seeking Alpha” released on January 25, 2019, “ECA Marcellus Trust I Announces Quarterly Distribution – Business Wire” on February 05, 2019, “Encana: Is The Market Right About The Newfield Buyout? – Seeking Alpha” with a publish date: December 14, 2018, “Is Encana Corp (TSX:ECA) Running Out of Growth Opportunities? – The Motley Fool Canada” and the last “Montney Shale Is Encana’s Growth Generator – Seeking Alpha” with publication date: January 11, 2019.

Encana Corporation (NYSE:ECA) Analyst Ratings Chart

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