|Bid||12.50 x 100|
|Ask||14.03 x 100|
|Day's range||0.00 - 0.00|
|PE ratio (TTM)||23.06|
|Forward dividend & yield||0.06 (0.46%)|
|1y target est||17.11|
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 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.
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