Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 1.5%. By the end of trading, Encana fell $0.20 (-1.1%) to $18.29 on heavy volume. Throughout the day, 7,886,706 shares of Encana exchanged hands as compared to its average daily volume of 5,230,300 shares. The stock ranged in price between $18.20-$18.52 after having opened the day at $18.49 as compared to the previous trading day's close of $18.49. Other companies within the Energy industry that declined today were:
), down 21.4%,
), down 12.3%,
), down 5.0% and
), down 3.6%.
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Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. Encana has a market cap of $13.8 billion and is part of the basic materials sector. Shares are down 6.4% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Encana as a
. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, poor profit margins and generally high debt management risk.
- You can view the full Encana Ratings Report.
On the positive front,
), down 27.0%,
), down 15.3%,
), down 11.3% and
), down 10.1% , were all gainers within the energy industry with
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.
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