Merger set to spur dividend

ENCANA CORP. $9.20 (Toronto symbol ECA; Shares outstanding: 963.1 million; Market cap: $8.8 billion; TSINetwork Rating: Average; Dividend yield: 0.9%; www.encana.com) recently agreed to acquire Newfield Exploration for $7.7 billion U.S. Newfield operates shale oil and natural gas wells in the Stack and Scoop fields… Read More

Two energy producers, but just one is a buy

In response to weaker oil and natural gas prices, Encana has decided to aggressively expand in the U.S., while Cenovus is cutting its output.
We’re confident that both approaches will pay off. However, Encana’s big, newly announced acquisition increases its risk, which is why the stock… Read More

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