Debt reduction shores up these oil producers

ENCANA CORP. $9.15 (Toronto symbol ECA; Shares outstanding: 1.5 billion; Market cap: $14.3 billion; TSINetwork Rating: Average; Dividend yield: 1.1%; www.encana.com) operates four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas). In addition to natural gas, these fields produce large… Read More

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