Encana Corp (ECA): Today's Featured Energy Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Encana ( ECA) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Encana fell $0.38 (-2.0%) to $18.51 on average volume. Throughout the day, 5,162,783 shares of Encana exchanged hands as compared to its average daily volume of 5,062,200 shares. The stock ranged in price between $18.48-$18.98 after having opened the day at $18.90 as compared to the previous trading day's close of $18.89. Other companies within the Energy industry that declined today were: Goodrich Petroleum ( GDP), down 5.5%, Forbes Energy Services ( FES), down 5.5%, Global Geophysical Services ( GGS), down 5.1% and Sonde Resources ( SOQ), down 3.6%.

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 up 4.7% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Encana a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Encana as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow.

On the positive front, Saratoga Resources ( SARA), up 23.0%, MagneGas Corporation ( MNGA), up 21.8%, Gastar Exploration ( GST), up 10.3% and Petroquest Energy ( PQ), up 8.1% , were all gainers within the energy industry with Occidental Petroleum Corporation ( OXY) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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