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 0.5%. By the end of trading, Encana fell $0.31 (-1.4%) to $22.33 on average volume. Throughout the day, 6,764,503 shares of Encana exchanged hands as compared to its average daily volume of 5,472,900 shares. The stock ranged in price between $22.29-$23.06 after having opened the day at $22.64 as compared to the previous trading day's close of $22.64. Other companies within the Energy industry that declined today were: Houston American Energy Corporation ( HUSA), down 8.9%, Camac Energy ( CAK), down 6.4%, Sinopec Shanghai Petrochemical Company Limi ( SHI), down 6.2% and Dejour Energy ( DEJ), down 6.2%.

Encana Corporation, together with its subsidiaries, is engaged in 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 $16.6 billion and is part of the basic materials sector. Shares are up 25.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Encana a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Encana as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally higher debt management risk.

On the positive front, FX Energy ( FXEN), up 19.1%, Midstates Petroleum ( MPO), up 6.5%, Delek US Holdings ( DK), up 5.6% and Triangle Petroleum ( TPLM), up 5.5% , were all gainers within the energy industry with Halliburton Company ( HAL) 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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