Chevron remains our top oil stock

U.S. oil production continues to rise, as new drilling techniques like fracking significantly cut costs. That helps protect the profitability of many oil fields, even if oil prices move down.

However, we feel oil prices will likely stay in a narrow range for the next… Read More

EnCana Corp. $70 – New York symbol ECA

ENCANA CORP. $70 (New York symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 750.2 million; Market cap: $52.5 billion; WSSF Rating: Average) is a major North American producer of natural gas (about 80% of total production) and oil (20%).

EnCana prefers to focus on what… Read More