Encana Corp (TSE:ECA) (NYSE:ECA) declared a quarterly dividend on Thursday, December 13th, TickerTech reports. Stockholders of record on Monday, December 31st will be paid a dividend of 0.015 per share on Monday, December 31st. This represents a $0.06 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Thursday, December 13th.
Shares of TSE ECA traded down C$0.06 during midday trading on Friday, hitting C$8.55. 6,231,000 shares of the company’s stock were exchanged, compared to its average volume of 3,816,224. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 68.23. Encana has a twelve month low of C$8.46 and a twelve month high of C$18.54.
Encana (TSE:ECA) (NYSE:ECA) last issued its quarterly earnings data on Thursday, November 1st. The company reported C$0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.17 by C$0.05. The business had revenue of C$1.65 billion for the quarter, compared to analyst estimates of C$1.63 billion. As a group, equities analysts forecast that Encana will post 1.14999990985443 earnings per share for the current year.
Separately, AltaCorp Capital downgraded Encana from an “outperform” rating to a “sector perform” rating in a research report on Friday, November 2nd.
In other news, Director Clayton Woitas bought 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The shares were purchased at an average price of C$11.50 per share, with a total value of C$1,150,000.00. Also, Director Bruce G. Waterman bought 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 13th. The shares were purchased at an average cost of C$10.75 per share, for a total transaction of C$268,750.00. Over the last quarter, insiders have bought 162,655 shares of company stock valued at $1,747,171.
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Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company holds interests in various assets, including the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations comprising Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located in offshore Nova Scotia in Canada.
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