Initiated Hold X

ECA Encana

SunTrust

Downgrades Outperform Mkt Perform X

ECA Encana

Bernstein

Resumed Neutral X

ECA Encana

JP Morgan

$12

Resumed Buy X

ECA Encana

Citigroup

$13

Resumed Outperform X

ECA Encana

Credit Suisse

$10

Resumed Buy X

ECA Encana

Goldman

$9

Upgrades Neutral Outperform X

ECA Encana

Macquarie

Upgrades Sec Underperform Neutral X

ECA Encana

CIBC

Initiated Neutral X

ECA Encana

Mizuho

$8

Initiated Buy X

ECA Encana

MKM Partners

$12

Initiated Market Perform X

ECA Encana

Cowen

Downgrades Outperform Neutral X

ECA Encana

Macquarie

Downgrades Outperform Mkt Perform X

ECA Encana

BMO Capital Markets

Downgrades Overweight Eq-Weight X

ECA Encana

Morgan Stanley

Downgrades Outperform Peer Perform X

ECA Encana

Wolfe Research

Downgrades Outperform Mkt Perform X

ECA Encana

BMO Capital Markets

$18 $12

Downgrades Buy Hold X

ECA Encana

Desjardins

Downgrades Strong Buy Outperform X

ECA Encana

Raymond James

Downgrades Neutral Sec Underperform X

ECA Encana

CIBC

Initiated Neutral X

ECA Encana

CIBC

Initiated Buy X

ECA Encana

BofA/Merrill

$19

Downgrades Buy Hold X

ECA Encana

Tudor Pickering

Reiterated Buy X

ECA Encana

Goldman

$17.25 $14

Upgrades In-line Outperform X

ECA Encana

Evercore ISI

Upgrades Hold Buy X

ECA Encana

Societe Generale

ECA  Encana Corporation

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company's operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. It operates through three segments: Canadian Operations, USA Operations and Market optimization. Its Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. Its Canadian operations include Montney in northeast British Columbia and northwest Alberta and Duvernay in west central Alberta. The USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. The Market Optimization activities are primarily responsible for the sale of the Company's production to third party customers.