$0.17 EPS Expected for Encana Corporation (ECA)

April 17, 2018 - By Marie Mckinney

Encana Corporation (NYSE:ECA) Logo

Analysts expect Encana Corporation (NYSE:ECA) to report $0.17 EPS on May, 1.They anticipate $0.06 EPS change or 54.55 % from last quarter’s $0.11 EPS. ECA’s profit would be $158.78M giving it 17.81 P/E if the $0.17 EPS is correct. After having $0.12 EPS previously, Encana Corporation’s analysts see 41.67 % EPS growth. The stock increased 0.08% or $0.01 during the last trading session, reaching $12.11. About 9.17M shares traded or 4.38% up from the average. Encana Corporation (NYSE:ECA) has risen 5.00% since April 17, 2017 and is uptrending. It has underperformed by 6.55% the S&P500.

Encana Corporation (NYSE:ECA) Ratings Coverage

Among 15 analysts covering Encana Corp (NYSE:ECA), 15 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Encana Corp had 26 analyst reports since October 18, 2017 according to SRatingsIntel. The rating was maintained by Canaccord Genuity on Monday, January 8 with “Buy”. Morgan Stanley maintained Encana Corporation (NYSE:ECA) rating on Thursday, October 19. Morgan Stanley has “Equal-Weight” rating and $15 target. BMO Capital Markets maintained Encana Corporation (NYSE:ECA) on Thursday, January 11 with “Buy” rating. The rating was maintained by RBC Capital Markets on Friday, October 27 with “Buy”. Altacorp upgraded it to “Buy” rating and $14.5 target in Tuesday, February 6 report. Morgan Stanley upgraded the shares of ECA in report on Wednesday, January 24 to “Overweight” rating. The rating was upgraded by Desjardins Securities to “Buy” on Friday, January 12. The company was maintained on Monday, March 19 by Jefferies. The rating was downgraded by Altacorp to “Hold” on Monday, January 15. RBC Capital Markets maintained Encana Corporation (NYSE:ECA) rating on Tuesday, January 16. RBC Capital Markets has “Buy” rating and $16.0 target.

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. The company has market cap of $11.31 billion. The firm owns interests in various assets, such as the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations, including Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located offshore Nova Scotia. It has a 14.25 P/E ratio. It also holds interests in assets that comprise the Eagle Ford in south Texas; Permian in west Texas; San Juan in northwest New Mexico; Piceance in northwest Colorado; and Tuscaloosa Marine Shale in east Louisiana and west Mississippi.

Encana Corporation (NYSE:ECA) Ratings Chart

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