|Bid||11.90 x 38500|
|Ask||13.50 x 46000|
|Day's range||11.98 - 12.63|
|52-week range||8.01 - 14.31|
|PE ratio (TTM)||21.62|
|Forward dividend & yield||0.06 (0.48%)|
|1y target est||16.51|
NEW YORK, June 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Encana ...
Two years ago, it looked like Saudi Arabia was winning its fight against the U.S. shale oil industry by furiously pumping crude to drive down prices. Some drillers went bust and many more flirted with bankruptcy while oil drilling in places like West Texas and North Dakota collapsed. Instead of killing shale it spurred a wave of innovation that transformed drilling in the U.S. into a highly efficient industrial process, dramatically lowering costs and boosting output.
PointLogic, a market intelligence company, estimates that US natural gas consumption dropped ~1.4% to 56.7 Bcf per day on May 17–23. The consumption also decreased ~0.7% or by 0.4 Bcf per day YoY (year-over-year).
PointLogic, a market intelligence company, estimates that US natural gas consumption increased ~4% to 57.5 Bcf per day on May 10–16. The consumption also increased ~1.2% or by 0.7 Bcf per day YoY.
As of May 10, Reuters reported 24 analysts with recommendations on Occidental Petroleum (OXY). Of these, ~58% have “strong buy” ratings, ~25% have “buy” recommendations, and ~17% have “hold” recommendations on OXY. There’s no “sell” or “strong sell” recommendation on the stock.
As of May 9, nine analysts had recommendations on DNR. Of these, ~11% of analysts have “strong buy” ratings, ~78% of analysts have “hold” ratings, while ~11% of analysts have “sell” recommendations on DNR. There aren’t any “buy” or “strong sell” recommendations on the stock.
According to Reuters, as of May 4, a total of 27 analysts have made recommendations on MRO. Of these, ~15% have recommended “strong buys,” ~44% have recommended “buys,” and the remaining ~41% have recommended “holds” on the stock.
In 1Q18, Marathon Oil (MRO) reported revenue of ~$1.7 billion, higher than Wall Street analysts’ consensus estimate of ~$1.4 billion. In 1Q18, MRO reported revenue from contracts with customers of ~$1.5 billion, a loss on commodity derivatives of ~$102 million, a gain on dispositions of ~$257 million, income from equity method investments of ~$37 million, and other revenue of ~$4 million.
As of May 3, Reuters reported that 29 analysts gave recommendations on Encana (ECA). Of the analysts, ~31% have “strong buy,” ~66% have “buy,” and ~3% have “hold” recommendations on Encana. There aren’t any “sell” or “strong sell” recommendations on the stock.
Encana (ECA) announced its 1Q18 earnings on May 1 before the market opened. In 1Q18, Encana reported adjusted revenues of ~$1.31 billion—better than analysts’ consensus of ~$1.22 billion. In 1Q18, Encana reported an adjusted profit of $0.16 per share—better than analysts’ consensus for a profit of $0.13 per share. To learn more about Encana’s net income and revenues, refer to Part 1 and Part 2 in this series.
For 1Q18, Encana (ECA) reported an operating cash flow of ~$381 million, which is lower compared to Wall Street analysts’ expectation of ~$402 million. On a YoY (year-over-year) basis, Encana’s 1Q18 operating cash flow was ~259% higher from ~$106 million in 1Q17. On a sequential basis, Encana’s 1Q18 operating cash flow was ~3% higher from ~$369 million generated in 4Q17.
For 1Q18, Encana (ECA) reported total production of 324.4 Mboepd (thousand barrels of oil equivalent per day). In 1Q18, Encana’s Canadian operations contributed 194.3 Mboepd (or ~60%), while US operations contributed 130.1 Mboepd (or ~40%) to Encana’s total production.
Encana (ECA) announced its 1Q18 earnings on May 1 before the market opened. In 1Q18, Encana reported adjusted revenues of ~$1.31 billion—better than analysts’ consensus of ~$1.22 billion.
Encana (ECA) announced its 1Q18 earnings on May 1 before the market opened. According to Encana’s press release, the company reported a better-than-expected profit of ~$156 million in 1Q18. Wall Street analysts expected a lower profit of ~$136 million. On a year-over-year basis, Encana’s profit increased ~50% from its profit of ~$104 million in 1Q17. Sequentially and excluding one-time items, Encana’s profit increased ~37% compared to its profit of ~$114 million in 4Q17.
As of April 27, Reuters reported that 23 analysts gave recommendations on ConocoPhillips (COP). Of the analysts, ~17% have “strong buy” recommendations, ~48% have “buy” recommendations, and ~35% have “hold” recommendations. There aren’t any “sell” or “strong sell” recommendations on the stock.
Southwestern Energy (SWN) announced its 1Q18 earnings on April 26 after the market closed. In 1Q18, Southwestern Energy reported revenues of ~$920.0 million, which was much better than the Wall Street analyst consensus of ~$847.0 million.
According to Reuters, of the 33 analysts covering RRC on April 27, five recommended “strong buy,” 11 recommended “buy,” 14 recommended “hold,” two recommended “sell,” and one recommended “strong sell.” Their median target price for Range Resources stock is $20, which is ~44% higher than its April 27 closing price of $13.90. Since its 1Q18 earnings release, Range Resources’ median stock price target has fallen from $21 to $20.
CALGARY, Alberta, May 01, 2018-- The following matter was voted upon at the Annual Meeting of Shareholders of Encana Corporation held on May 1, 2018 in Calgary, Alberta. Each of the matters is described ...
Production growth at its core assets, especially Montney Holdings, and higher price realization drive first-quarter results of Encana (ECA).
On a per-share basis, the Calgary, Alberta-based company said it had net income of 16 cents. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment ...
According to Reuters, as of April 26, 2018, seven analysts have made recommendations on California Resources (CRC). Of these, ~14% have made “strong buy” recommendations, ~29% have made “buy” recommendations, and the remaining ~57% have made “hold” recommendations on the stock.