Encana buys a U.S. producer

ENCANA CORP. $11.47 (Toronto symbol ECA; Shares outstanding: 963.1 million; Market cap: $10.9 billion; TSINetwork Rating: Average; Dividend yield: 0.7%; www.encana.com) fell recently after it agreed to buy Newfield Exploration Company (New York symbol NFX).
Newfield operates shale oil and natural gas wells in the Stack and Scoop… Read More

Sale helps Encana’s shift from gas

ENCANA CORP. $15 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 956.3 million; Market cap: $14.3 billion; Price-to-sales ratio: 3.2; Dividend yield: 0.5%; TSINetwork Rating: Average; www.encana.com) has agreed to sell its shale oil properties in the San Juan Basin in northern New Mexico. In… Read More