Get started

ECA

ECA - Ready to move up again with upcoming earnings report?ECA will be looking to display strength as it nears its next earnings release, which is expected to be July 31, 2019. On that day, ECA is projected to report earnings of $0.16 per share, which would represent a year-over-year decline of 23.81%. Meanwhile, our latest consensus estimate is calling for revenue of $1.54 billion, up 57.07% from the prior-year quarter. (Source: finance.yahoo.com) Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company's operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. It operates through three segments: Canadian Operations, USA Operations and Market optimization. Its Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. Its Canadian operations include Montney in northeast British Columbia and northwest Alberta and Duvernay in west central Alberta. The USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. The Market Optimization activities are primarily responsible for the sale of the Company's production to third party customers. SHORT INTEREST 42.15M 07/15/19 P/E Ratio (without extraordinary items) 5.46 Analyst Price Prediction: $8.42 Recommendation Overweight
ELong
by DEXWireNews
ECA downward channel after 5th rejection from key resistanceECA.TO has been consolidating in this downward channel for the past 7 weeks after a 5th rejection from the $18ish area. This is clearly a significant breakout resistance going back for 3 years, and it makes me wonder if there is a fundamental reason for this resistance (similar to the fundamental reason for TSLA and $360.00 resistance). The long entry on this is frustrating to pinpoint because the exact resistance is unclear, as numerous higher highs since 2015 have been met with immediate pullbacks. This will be a really nice long once that level does break with a profit target just under $22.00. Does anybody know if there are fundamentals concerning ECA.TO and the $18 range? I'd love to hear your thoughts!
E
by McGuireTO