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Stock Market & Financial Investment News

News Breaks
April 29, 2014
07:58 EDTECAEncana to sell properties in East Texas for about $530M
EnCana announced that its wholly-owned subsidiary, Encana Oil & Gas, has reached an agreement with an undisclosed purchaser, to sell certain properties located primarily in Leon and Robertson counties of East Texas for approximately $530M. The combined areas represent about 90,000 net acres and 2013 average production of about 100 million cubic feet per day of natural gas and about 1,200 barrels per day of total liquids. Year-end 2013 total estimated proved reserves of the properties equate to just over 200B cubic feet equivalent compromised of 97% natural gas. This sale is subject to the satisfaction of normal closing conditions and expected to close in Q2 with an effective date of April 1.
News For ECA From The Last 14 Days
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January 30, 2015
10:00 EDTECAOn The Fly: Analyst Downgrade Summary
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07:20 EDTECAEncana downgraded to Hold from Buy at Deutsche Bank
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January 28, 2015
09:06 EDTECAEncana coverage resumed with a Neutral at Goldman
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January 27, 2015
10:00 EDTECAOn the Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ADT Corp. (ADT) initiated with an Outperform at Raymond James... American Campus (ACC) initiated with a Buy at Stifel... Encana (ECA) initiated with an Equal Weight at Morgan Stanley... Sage Therapeutics (SAGE) initiated with a Buy at SunTrust... TerraForm Power (TERP) initiated with a Buy at BofA/Merrill.
08:34 EDTECAEncana initiated with an Equal Weight at Morgan Stanley
Target $15.
January 22, 2015
10:03 EDTECAOn the Fly: Analyst Initiation Summary
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06:29 EDTECAEncana initiated with an Equal Weight at Morgan Stanley
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