|Bid||12.790 x 6900|
|Ask||12.800 x 3200|
|Day's Range||12.750 - 13.020|
|52 Week Range||8.790 - 14.310|
|PE Ratio (TTM)||22.82|
|Forward Dividend & Yield||0.06 (0.46%)|
|1y Target Est||17.11|
Marathon Oil (MRO) beat the consensus EPS estimates in Q3 2017, Q4 2017, and Q1 2018. It met the EPS estimate in Q2 2017. So in the last four quarters, MRO beat the consensus EPS estimate 75% of the time and met the consensus EPS estimate 25% of the time.
For Q2 2018, Marathon Oil (MRO) expects total production of 395–415 Mboepd (thousand barrels of oil equivalent per day). On a year-over-year basis, the mid-point of its Q2 2018 production guidance is ~4% higher than Q2 2017 production of 389 Mboepd. Its Q2 2018 production guidance is even ~7% higher than 380 Mboepd in the first quarter.
For Q2 2018, Wall Street analysts expect Marathon Oil (MRO) to report revenues of ~$1.42 billion. On a year-over-year basis, its Q2 2018 revenue expectations are ~34% higher than Q2 2017 revenues of ~$1.06 billion.
In this morning's lineup are the following stocks: BP PLC (NYSE: BP), Chevron Corp. (NYSE: CVX), Encana Corp. (NYSE: ECA), and Royal Dutch Shell PLC (NYSE: RDS-A). On Thursday, shares in London, UK headquartered BP PLC recorded a trading volume of 6.66 million shares, which was above their three months average volume of 6.61 million shares.
NEW YORK, NY / ACCESSWIRE / July 18, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
In Q1 2018, 40 hedge funds were “buyers” (they created new positions or added to their existing positions) of Encana (ECA) stock, while 25 were “sellers” (they closed their entire position or reduced their existing positions). As of March 31, 60 13F-filing hedge funds held ECA in their portfolio, of which five had ECA in their top ten holdings.
In the last four quarters, Encana (ECA) has beaten analysts’ EPS estimates 75% of the time—in Q2 2017, Q4 2017, and Q1 2018. It missed their estimate in Q3 2017. In comparison, upstream players ConocoPhillips (COP), Pioneer Natural Resources (PXD), and Murphy Oil (MUR) have beaten earnings expectations ~75%, ~100%, and ~75% of the time, respectively.
In Q2 2018, analysts expect Encana’s (ECA) operating cash flow to rise ~93% YoY (year-over-year) to ~$422 million from ~$218 million, and by ~11% sequentially from ~$381 million. The rise is expected due to its production being forecast to increase during the quarter and higher crude oil prices.
While Encana (ECA) has not given specific production guidance for Q2 2018, it has provided guidance for its fiscal 2018 production. In fiscal 2018, Encana expects its production to rise ~18% YoY (year-over-year) to 360 Mboepd1–380 Mboepd from 313.2 Mboepd.
In Q2 2018, analysts expect Encana’s (ECA) revenue to rise ~10% YoY (year-over-year) to ~$1.19 billion from ~$1.08 billion, but fall ~11% sequentially from ~$1.31 billion. The YoY rise is expected due to Encana’s production being expected to increase and higher crude oil prices.
Encana Corporation (ECA) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Encana Corporation (TSX:ECA) is one of the few Canadian oil companies which has the potential to rise along with the global prices for oil.
LONDON, UK / ACCESSWIRE / June 28, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equitiesfrom the Oil & Gas - E&P industry: Baytex Energy, Encana, Whitecap Resources, and Canadian Natural Resources. The TSX Venture Exchange shaved off 8.19 points, or 1.10%, to finish at 736.90. Today's stocks of interest consist of: Baytex Energy Corporation (TSX: BTE), Encana Corporation (TSX: ECA), Whitecap Resources Inc. (TSX: WCP), and Canadian Natural Resources Ltd (TSX: CNQ).
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to better understand how you canRead More...
This article is intended for those of you who are at the beginning of your investing journey and want to better understand how you can grow your money by investingRead More...
Encana Corporation (TSX:ECA) trades with a trailing P/E of 21.6x, which is higher than the industry average of 19.4x. While ECA might seem like a stock to avoid or sellRead More...
Ahead of today's trading session, WallStEquities.com scans BP PLC (NYSE: BP), Chevron Corp. (NYSE: CVX), Encana Corp. (NYSE: ECA), and Royal Dutch Shell PLC (NYSE: RDS-A). Companies in the Major Integrated Oil and Gas space differ from the rest of the industry for the simple fact that their operations involve the integration of most or all aspects of the value chain, from exploration to marketing and retail.
NEW YORK, NY / ACCESSWIRE / June 15, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
NEW YORK, June 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Encana ...