Bullboard - Stock Discussion Forum Encana Corporation T.ECA

Energy

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.

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Encana Corporation > dirt cheap

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Post by stww on Aug 14, 2020 2:23pm

dirt cheap

trading at 3.20 pre split easy a 30+ stock.

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Comment by Boulter on Aug 15, 2020 10:20pm

Yes, this is an interesting one. I sold down 2016 or 2017 at 65 and 85 equivalent and I think it got as high as $95. Imagine a $95-$3 four year range in products that are arguably the most useful thing on the planet after water LOL. Nobody wants to own energy, but folks still want to use it, GHG issues notwithstanding. I own 36,520 shares with a cost base around $20 and ...more

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Comment by regardless on Aug 17, 2020 2:53pm

And what do ya know! every pundit has changed their tune on oil and natural gas..... stay tuned

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Comment by regardless on Aug 17, 2020 5:02pm

Big close over the 200day moving avg i read on StockTwits from a poster then went and verified that any positivity in oil or gas this week especially with rbob going up and heat wave in full force here in north America ... could we close around 18$ Canadian? i think so....

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Comment by Coloradobuff on Aug 22, 2020 3:59pm

Good for you. My cost basis was 60. Bought a 1000 at 3 to lower me to 30. Wanted to get another 1000 that low to reduce to 20 but wanted to buy other deals as well.

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