How Will Encana (ECA) Stock React to Q2 Results?
NEW YORK (TheStreet) -- Encana (ECA) - Get Report is scheduled to report its 2016 second quarter results before Thursday's opening bell.
Analysts are modeling a smaller loss per share than last year, but lower revenue year-over-year.
Wall Street is expecting the Calgary-based oil and natural gas company to post a loss of 9 cents per share on revenue of $709.2 million.
Last year, the company reported a loss of 20 cents per share on revenue of $830 million.
Shares of Ecana are falling 1.9% to $7.76 late this afternoon as oil prices decline. Crude oil (WTI) is retreating 1.26% to $44.67 per barrel and Brent crude is decreasing 0.49% to $46.73 per barrel this afternoon.
Separately, TheStreet Ratings Team has a "Sell" rating with a score of D on the stock.
The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: ECA