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Encana Corporation T.ECA

Encana is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2018, the company reported net proven reserves of 726 million barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2018 at a ratio of 43% oil and natural gas liquids and 57% natural gas.


TSX:ECA - Post by User

Post by exprohibition18on Mar 02, 2021 12:43am
282 Views
Post# 32692483

This stock is proof that dealers drive valuation

This stock is proof that dealers drive valuation Morgan Stanley J o morgan Goldman 
these are the guys that lift a company 10x into 6 billion in total impairments . These are the guys that profit from -27 oil and smashing companies into oblivion a year ago . Just as $2 a share was inconceivable a year ago , I find $31 inconceivable  today after $6 billion in impairments and Saudi and russia still salivating to get their long closed oil  spigots open again 
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