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Bullboard - Stock Discussion Forum 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 Discussion

Encana Corporation > GOldmans Crude Supercycle
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Post by exprohibition18 on Mar 04, 2021 5:22pm

GOldmans Crude Supercycle

No one pays attention to things like Opec spare capacity anymore 
And inventory builds mean little . Oil had the biggest build in recorded histtory  yesterday . Spare capacity  may be  massive but Brent and WTI are soaring like we are indeed in massive deficits and headed to the moon 

Looks like Goldman is agressively in Oil and will be for the Long Run .
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