Encana (ECA -0.6%) is downgraded to Sell from Hold at Deutsche Bank, which says while YTD...

|About: Encana Corporation (ECA)|By:, SA News Editor

Encana (ECA -0.6%) is downgraded to Sell from Hold at Deutsche Bank, which says while YTD performance (+23%) at ECA is explained by the bounce in natural gas and improving 2013 gas balances, it struggles to explain relative value in what it views as a lagging capital efficiency story with challenged underlying production trends.