TheScreener - Ovintiv Inc ENCANA CORP. sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

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ENCANA CORP. sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

The independent financial analyst theScreener just awarded an improved star rating to ENCANA CORP. (CA), active in the Exploration & Production industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 2 out of 4 possible stars. Given its market behaviour as risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Slightly Negative; the title, however, remains unattractive. As of the analysis date December 17, 2019, the closing price was CAD 5.93 and its target price was estimated at CAD 4.13.

18/12/2019 6 EN

Underlying

Ovintiv Inc

Encana is in the business of the exploration for, the development of, and the production and marketing of natural gas, oil and natural gas liquids (NGLs). All of Co.'s reserves and production are located in North America. As at Dec. 31, 2016, total proved developed and undeveloped reserves for natural gas, oil, and NGLs were 2.90 billion cubic ft., 155.6 million barrels (MMbbls), and 150.4 MMbbls, respectively. Co.'s operating and reportable segments are: Canadian Operations, USA Operations, and Market Optimization.

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CA2925051047 Mexican Stock Exchange United States

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TheScreener

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ENCANA CORP. sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

Empowering Investors

Monthly LMI Update Independent Investment Research

Encana Corporation - September 2019 (LTM): Peer Snapshot

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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