Encana Corp (NYSE:ECA) (TSE:ECA) insider Douglas James Suttles purchased 1,000 shares of Encana stock in a transaction dated Monday, September 10th. The stock was bought at an average price of $12.20 per share, for a total transaction of $12,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of Encana stock traded up $0.05 during trading on Friday, reaching $12.14. The stock had a trading volume of 141,156 shares, compared to its average volume of 6,469,682. The firm has a market cap of $11.71 billion, a price-to-earnings ratio of 28.40, a price-to-earnings-growth ratio of 1.67 and a beta of 2.01. Encana Corp has a 52 week low of $9.79 and a 52 week high of $14.31. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.73 and a quick ratio of 0.73.

Encana (NYSE:ECA) (TSE:ECA) last issued its quarterly earnings results on Wednesday, August 1st. The oil and gas company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.09. The company had revenue of $983.00 million for the quarter, compared to analyst estimates of $1.14 billion. Encana had a return on equity of 7.30% and a net margin of 1.49%. equities analysts expect that Encana Corp will post 0.74 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.94%. This is a positive change from Encana’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Thursday, September 13th. Encana’s payout ratio is 13.95%.

Several research analysts have recently issued reports on ECA shares. TD Securities set a $17.00 price target on Encana and gave the stock a “buy” rating in a research report on Wednesday, August 1st. Desjardins reiterated a “buy” rating and set a $17.00 target price on shares of Encana in a report on Friday, July 27th. Zacks Investment Research lowered Encana from a “buy” rating to a “hold” rating in a report on Monday, August 6th. ValuEngine lowered Encana from a “buy” rating to a “hold” rating in a report on Tuesday, July 3rd. Finally, Canaccord Genuity reiterated a “buy” rating and set a $19.00 target price on shares of Encana in a report on Thursday, July 12th. Two research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Encana has an average rating of “Buy” and a consensus target price of $15.98.

Several institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of Encana by 10.7% in the first quarter. Envestnet Asset Management Inc. now owns 42,317 shares of the oil and gas company’s stock valued at $467,000 after purchasing an additional 4,082 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Encana by 15.2% in the second quarter. Tower Research Capital LLC TRC now owns 34,320 shares of the oil and gas company’s stock valued at $449,000 after purchasing an additional 4,535 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Encana by 14.6% in the first quarter. IFP Advisors Inc now owns 48,765 shares of the oil and gas company’s stock valued at $536,000 after purchasing an additional 6,210 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Encana by 274.8% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 9,002 shares of the oil and gas company’s stock valued at $213,000 after purchasing an additional 6,600 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Encana by 37.2% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 26,310 shares of the oil and gas company’s stock valued at $343,000 after purchasing an additional 7,140 shares in the last quarter. Institutional investors own 66.74% of the company’s stock.

Encana Company Profile

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company holds interests in various assets, including the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations comprising Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located in offshore Nova Scotia in Canada.

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Insider Buying and Selling by Quarter for Encana (NYSE:ECA)

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