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  • The Bull Case for EnCana [View article]
    And one last thing, I did not say it was only a Canadian currency play just another kicker to the investment as the dollar weakens vs canadian currency. From par to .80 and I expect this to reverse going forward. Big added returns due to currency.
    May 05 16:27 pm |Rating: +2 0 |Link to Comment
  • The Bull Case for EnCana [View article]
    <Of course Encana is Canadian company - the artcle did not state anything otherwise. The strength of this company, reserves and, is management. They are superb. Sorry if a few readers did not get the point of the post.

    There is not hint that Encana is positioning itsellf for a takeover. Far from it. In my opinion, this is not a Canadian $ play. It is a bet on intelligent growth of assets brought about by very astute management.>
    <Sporting a 3.12% yield, this $38.5b US company is trading at a PE of only 5.8.>
    Not looking to pick your article apart but you said it was US. read the sentence above.
    I hope you would reverse your thumbs down.
    You failed to mention first that the ECA wanted split its oil sands and gas business, but due to market conditions did not. Also they partnered with COP to combine their oil sands properties and 2 of COP's heavy oil refineries. Creative move. Also failed to mention that ECA is the 2nd largest NA nat gas producer in some of the best gas shale plays. There is alot more to this company than this brief comment and article.

    May 05 16:24 pm |Rating: +1 0 |Link to Comment
  • The Bull Case for EnCana [View article]
    Actually your article is little more than a pump. Where is the detail?
    The poster above beat me to the punch as ECA is Canadian company and also a great hedge vs the dollar since the Canadian currency took a beating the past 6 months and is soon rebounding.
    May 05 08:58 am |Rating: +3 -1 |Link to Comment
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