Tag: Encana Corporation

  • Basic Material New Highs: Cheniere Energy (NYSEMKT:LNG), Encana (NYSE:ECA), Spectra Energy (NYSE:SE), CONSOL Energy (NYSE:CNX)

    Shares of Cheniere Energy (NYSE:LNG) were the recipient of a significant growth in short interest in the month of January. As of March 31st, there was short interest totalling 17,130,392 shares, a growth of 17.5% from the March 14th total of 14,580,614 shares, AmericanBankingNews.com reports. Currently, 7.8% of the shares of the company are sold short. Based on an average daily volume of 3,435,517 shares, the days-to-cover ratio is currently 5.0 days. Cheniere Energy, Inc. (NYSEMKT:LNG), shares after opening at $59.20  moved to $59.39 on last trade day and at the end of the day closed at $56.87. Company price to sales ratio in past twelve months was calculated as 50.68 and price to cash ratio as 14.09. Cheniere Energy, Inc. (NYSEMKT:LNG), showed a  positive  weekly performance of 1.77%.

    Encana Corporation (USA) (NYSE:ECA)  recently announced a deal to sell one of its lucrative natural gas operations in Jonah field, Wyoming. Companies usually divest underperforming businesses to allow greater focus on performing operations. But Encana can always do it differently. Encana Corporation (USA) (NYSE:ECA), shares fell 0.36%  in last trading session and ended the day on $22.41. Encana Corporation (USA) (NYSE:ECA), return on equity ratio is recorded as 4.60% and its return on assets is 1.30%. Encana Corporation (USA) (NYSE:ECA), yearly performance is 18.70%.

    Spectra Energy Corp (NYSE: SE) announced that it has received approval from the National Energy Board (NEB) for a new two-year negotiated toll settlement that defines the economic factors and provisions for establishing tolls, and maintains service standards for its British Columbia (B.C.) Pipeline. Spectra Energy Corp. (NYSE:SE), shares moved down 0.10% in last trading session and was closed at $38.08, while trading in range of $ 37.87 – 38.37. Spectra Energy Corp. (NYSE:SE), year to date (YTD) performance is 7.88%.

    On April 10, 2014 CONSOL Energy Inc. (NYSE:CNX) announced the pricing of $1.6 billion of its 5.875% senior notes due 2022 (the “Notes”) at par.  The offering is expected to close on April 16, 2014, subject to the satisfaction of customary closing conditions.  The Notes will be guaranteed by substantially all of CONSOL’s wholly-owned domestic restricted subsidiaries. CONSOL Energy Inc. (NYSE:CNX), weekly performance is 1.59%. On last trading day company shares ended up $40.88. CONSOL Energy Inc. (NYSE:CNX), distance from 50-day simple moving average (SMA50) is 3.95%. Analysts mean target Price for the company is $45.02.