Encana Corporation (USA) (ECA) : Key Group Holdings (cayman) Ltd. added new position in Encana Corporation (USA) during the most recent quarter end. The investment management firm now holds 5,039,561 shares of Encana Corporation (USA) which is valued at $47,321,478 , the company said in a statement filed on Aug 12, 2016 with the SEC.Encana Corporation (USA) makes up approximately 4.16% of Key Group Holdings (cayman) Ltd.’s portfolio.

Other Hedge Funds, Including, Van Eck Associates Corp reduced its stake in ECA by selling 42,280 shares or 31.01% in the most recent quarter. The Hedge Fund company now holds 94,074 shares of ECA which is valued at $883,355.Raymond James Associates boosted its stake in ECA in the latest quarter, The investment management firm added 14,348 additional shares and now holds a total of 58,615 shares of Encana Corporation (USA) which is valued at $550,395.Blackrock Investment Management reduced its stake in ECA by selling 1,587,319 shares or 42.18% in the most recent quarter. The Hedge Fund company now holds 2,175,469 shares of ECA which is valued at $20,427,654. Encana Corporation (USA) makes up approx 0.02% of Blackrock Investment Management’s portfolio.Rathbone Brothers Plc reduced its stake in ECA by selling 1,244 shares or 4.3% in the most recent quarter. The Hedge Fund company now holds 27,662 shares of ECA which is valued at $226,828. Encana Corporation (USA) makes up approx 0.01% of Rathbone Brothers Plc’s portfolio. Quantitative Investment Management sold out all of its stake in ECA during the most recent quarter. The investment firm sold 35,100 shares of ECA which is valued $287,820.

Encana Corporation (USA) opened for trading at $9.84 and hit $10.02 on the upside on Monday, eventually ending the session at $9.95, with a gain of 0.30% or 0.03 points. The heightened volatility saw the trading volume jump to 50,47,352 shares. Company has a market cap of $8,457 M.

On the company’s financial health, Encana Corporation (USA) reported $0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $-0.09.Analysts expectations of $ 768.61.During the same quarter in the previous year, the company posted $-0.20 EPS.

Investors should note that on Jul 21, 2016, Encana Corporation (USA) announced a cash dividend of $0.0150. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Sep 30, 2016.

Many Wall Street Analysts have commented on Encana Corporation (USA). KLR Group Initiated Encana Corporation (USA) on Aug 29, 2016 to “Hold”, Price Target of the shares are set at $10.

Encana Corporation is engaged in the business of the exploration development production and marketing of natural gas oil and natural gas liquids (NGLs). The Company operates through three business segments: Canadian Operations which includes the exploration for development of and production of natural gas oil and NGLs and other related activities within Canada; USA Operations which includes the exploration for development of and production of natural gas oil and NGLs and other related activities within the United States and Market Optimization which includes third-party purchases and sales of products that provide operational flexibility for transportation commitments product type delivery points and customer diversification. Market Optimization sells all of the Company’s upstream production to third-party customers. Its growth assets include Permian; Tuscaloosa Marine Shale; Eagle Ford; Montney; Duvernay; DJ Basin and San Juan.

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