One year after breakup, we still like both

It has been a year since the old EnCana split itself into two new companies: the new Encana focuses on unconventional natural gas, and Cenovus Energy specializes in oil-sands projects.

Encana is down slightly since the breakup, due to low natural-gas prices. However, Cenovus has gained… Read More

Big potential for growth at EnCana

EnCana gets most of its natural gas from unconventional reserves. Accessing these reserves is complicated, but they have long lives and stable output. The company already has proven reserves to last 12 years or more. But its reserves will expand as it develops its 15.6… Read More

Only for the more aggressive

CENOVUS ENERGY $26.16 (Toronto symbol CVE; Shares outstanding: 751.3 million; Market cap: $19.7 billion; SI Rating: Extra Risk; Dividend yield: 3.1%) holds the more aggressive assets from the EnCana split on December 1, 2009.

Cenovus’ oil-sands projects, oil refineries and conventional natural gas remain profitable… Read More

The Successful Investor Hotline – Friday, February 12, 2010

CANADIAN TIRE CORP., $52.29, Toronto symbol CTC.A, fell 3% this week after the company reported lower-than-expected 2009 earnings.

During the year, Canadian Tire earned $348.0 million, or $4.26 a share. That’s down 12.2% from $396.4 million, or $4.86 a share, in the prior year. These figures… Read More

Updating ENCANA CORP. and CENOVUS ENERGY INC.

ENCANA CORP. $31 and CENOVUS ENERGY INC. $26 are now trading as separate stocks after EnCana split itself into two companies. One kept the EnCana name, and focuses on unconventional natural gas. The other operates as Cenovus Energy and specializes in oil-sands projects. Shareholders received… Read More

EnCana breakup produces two new buys

ENCANA CORP. $30 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 750.2 million; Market cap: $22.5 billion; Price-to-sales ratio: 2.1; Dividend yield: n.a.; SI Rating: Average) and CENOVUS ENERGY INC. $25 (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 750.2 million;… Read More

The Successful Investor Hotline – Friday, December 4, 2009

TORONTO-DOMINION BANK, $65.33, Toronto symbol TD, had to set aside more funds to cover bad loans in its latest fiscal year. However, the bank still reported higher earnings, as low interest rates spurred strong demand for new loans.

TD earned $4.7 billion in the year ended… Read More

EnCana splits itself up

ENCANA CORP $30 (Toronto symbol ECA; Shares outstanding: 750.2 million; Market cap: $22.5 billion; SI Rating: Average) and CENOVUS ENERGY $26.30 (Toronto symbol CVE; Shares outstanding: 750.2 million; Market cap: $19.7 billion; SI Rating: Extra Risk) are now trading as separate stocks after EnCana split… Read More