News headlines about Encana (NYSE:ECA) (TSE:ECA) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Encana earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 46.1474617969932 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s scoring:

Several brokerages have recently issued reports on ECA. Zacks Investment Research lowered Encana from a “hold” rating to a “sell” rating in a research report on Tuesday. Barclays increased their target price on Encana from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, November 20th. National Bank Financial increased their target price on Encana from $14.00 to $14.50 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. TD Securities increased their target price on Encana from $14.50 to $15.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. Finally, Royal Bank of Canada set a $15.00 target price on Encana and gave the stock a “buy” rating in a research report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, fifteen have assigned a buy rating and four have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $14.43.

Encana (ECA) traded up $0.87 during mid-day trading on Wednesday, reaching $12.06. The company had a trading volume of 13,299,225 shares, compared to its average volume of 7,200,000. Encana has a one year low of $8.01 and a one year high of $13.85. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.60. The company has a market cap of $11,740.00, a price-to-earnings ratio of 28.02, a PEG ratio of 3.25 and a beta of 2.16.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend is Thursday, December 14th. Encana’s dividend payout ratio (DPR) is presently 7.50%.

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Encana Company Profile

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America.

Insider Buying and Selling by Quarter for Encana (NYSE:ECA)

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