Encana Corporation (ECA) explores, develops, produces, and markets natural gas, oil, and natural gas liquids in Canada. The company also owns interests in assets in the Eagle Ford and Permian Basin in Texas. ECA has been around since the early 1970s, with its headquarters in Calgary, Canada. Meanwhile, the company recently announced it is moving its base from Canada to Denver, Colorado in the US.
Over the past four quarters, ECA has beat analyst earnings estimates and has made profits. However, the shares are trading closer to the 52-week low than the high.