Encana Corp (TSE:ECA) (NYSE:ECA) announced a quarterly dividend on Thursday, December 13th, TickerTech reports. Investors of record on Monday, December 31st will be given a dividend of 0.015 per share on Monday, December 31st. This represents a $0.06 annualized dividend and a yield of 0.70%. The ex-dividend date is Thursday, December 13th.
ECA stock traded down C$0.06 on Friday, hitting C$8.55. 6,231,000 shares of the company’s stock traded hands, compared to its average volume of 3,816,224. Encana has a 1-year low of C$8.46 and a 1-year high of C$18.54. The company has a debt-to-equity ratio of 68.23, a current ratio of 0.70 and a quick ratio of 0.64.
Encana (TSE:ECA) (NYSE:ECA) last released its earnings results on Thursday, November 1st. The company reported C$0.22 EPS for the quarter, beating the 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, research analysts expect that Encana will post 1.14999990985443 EPS for the current fiscal year.
Separately, AltaCorp Capital lowered shares of Encana from an “outperform” rating to a “sector perform” rating in a report on Friday, November 2nd.
In other news, insider Michael Mcallister purchased 8,655 shares of the business’s stock in a transaction dated Monday, November 5th. The shares were acquired at an average price of C$11.49 per share, for a total transaction of C$99,445.95. Also, insider Joanne Linette Alexander purchased 2,500 shares of the business’s stock in a transaction dated Wednesday, November 7th. The shares were purchased at an average price of C$11.60 per share, for a total transaction of C$29,000.00. Insiders have bought 162,655 shares of company stock worth $1,747,171 in the last 90 days.
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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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