WPX Energy Inc (WPX) Files 10-K for the Fiscal Year Ended on December 31, 2018

WPX Energy Inc (NYSE:WPX) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. WPX Energy Inc, based in the United States, is an oil & gas producer. It also offers natural gas on a nominal basis. WPX Energy Inc has a market cap of $5.44 billion; its shares were traded at around $12.95 with and P/S ratio of 2.27.

For the last quarter WPX Energy Inc reported a revenue of $623.0 million, compared with the revenue of $251.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.2 billion, an increase of 67.2% from last year. For the last five years WPX Energy Inc had an average revenue decline of 5.8% a year.

The reported diluted earnings per share was 35 cents for the year, compared with the loss per share of $0.8 in the previous year. The WPX Energy Inc enjoyed an operating margin of 21.4%, compared with the operating margin of -4.2% a year before. The 10-year historical median operating margin of WPX Energy Inc is -3.47%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, WPX Energy Inc has the cash and cash equivalents of $3.00 million, compared with $189.0 million in the previous year. The long term debt was $2.5 billion, compared with $2.6 billion in the previous year. The interest coverage to the debt is 2.9, which is not a favorable level. WPX Energy Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $12.95, WPX Energy Inc is traded at 25.7% premium to its historical median P/S valuation band of $10.30. The P/S ratio of the stock is 2.27, while the historical median P/S ratio is 1.80. The stock lost 4.36% during the past 12 months.

For the complete 20-year historical financial data of WPX, click here.

Should You Buy Yandex After Its Post-Earnings Dip?

Shares of Yandex (NASDAQ:YNDX) took a tumble last week after the Russian tech giant posted its fourth-quarter earnings. In the report, Yandex's revenue rose 39% annually to 38.8 billion RUB ($589.8 million), while its adjusted net income climbed 32% to 6.9 billion RUB ($104.9 million). Its adjusted EBITDA rose 33% to 12.3 billion RUB ($187 million).

Those growth rates looked solid, but Yandex expects the margins of its Search and Portal business to contract 100 to 200 basis points in 2019. That downside guidance spooked investors, but the stock remains up more than 140% over the past three years. Should investors buy Yandex after its post-earnings dip?

Image source: Getty Images.

How fast is Yandex growing?

Yandex's top-line growth has remained robust over the past year. Its net income was boosted by the deconsolidation of its e-commerce platform, Yandex.Market, into a joint venture with Sberbank (NASDAQOTH:SBRCY) last April.

Metric

Q1 2018

Q2 2018

Q3 2018

Q4 2018

Revenue	29%	34%	39%	39%
Adjusted Net income	7%	27%	157%	32%
Adjusted EBITDA	12%	23%	88%	33%

Year-over-year growth, including Yandex.Market. Source: Yandex quarterly earnings.

Yandex's revenue from online ads rose 18% annually during the fourth quarter and accounted for 76% of its top line. Meanwhile, its traffic acquisition costs (TAC) only used up 15.9% of its revenue, compared to 17.2% a year earlier.

Yandex is spending less money securing traffic because it comfortably leads Russia's search market with a 54% share, according to StatCounter. Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google ranks second with a 43% share. Yandex previously only topped Google on desktop PCs, but it extended that lead to Android devices last year.

Diversifying away from online ads

Yandex's "Other" revenue, which accounted for the rest of its top line, surged 235% annually. It attributed that growth to higher revenue from its ride-hailing service Yandex.Taxi, along with the growth of its Yandex.Drive carsharing platform and hardware devices, which include its Yandex.Station smart speaker, Yandex.Ultra onboard computer for connected cars, and its "Google-free" Android phone. Those hardware devices are all integrated with its Alexa-like virtual assistant Alice.

Image source: Getty Images.

Yandex is leveraging its lead in the online search and ad markets to expand its ecosystem with those new services and hardware devices. Other expansion efforts include its cloud and email services, online payments, streaming videos, a classifieds platform, a new e-commerce platform called Beru, and a news aggregator called Zen.

Yandex's ecosystem expansion didn't weigh down its adjusted EBITDA margin throughout most of 2018. That's why its forecast for a 100 to 200 basis point drop in fiscal 2019 alarmed some investors.

Metric

Q1 2018

Q2 2018

Q3 2018

Q4 2018

Adjusted EBITDA margin*	29%	30.5%	32.9%	31.7%

Source: Yandex quarterly report. *Excluding Yandex.Market from Q2 onwards.

Yandex attributes that decline to higher sales of its lower-margin hardware devices. That isn't surprising, since Yandex will likely sell its Alice-connected devices at lower prices to tether more users to its data-gathering ecosystem.

Investors should note that only Yandex's core Search and Portal business posted positive adjusted EBITDA growth for the full year. All of its other reportable segments -- e-commerce, taxi, classifieds, media services, and "experiments" -- posted adjusted EBITDA losses. Like Google, Yandex plans to use its established Search and Portal businesses to support its lower-margin or loss-leading expansions into adjacent markets.

Should you buy Yandex?

Analysts expect Yandex's revenue and earnings to rise 31% and 40%, respectively, this year. Those are impressive growth rates for a stock that trades at just 16 times forward earnings. Its forecast for a margin decline isn't surprising, and it could strengthen its ecosystem over the long term and widen its moat against Google in Russia.

Yandex still faces unpredictable macro headwinds, including a weaker ruble and the possibility of sanctions against Russia, but it remains one of the few regional search engines to hold its own against Google. Yandex still has room to run, and growth-oriented investors might consider starting a position and take advantage of this recent stock price drop.

 

Torchmark Co. (TMK) Chairman Gary L. Coleman Sells 13,000 Shares

Torchmark Co. (NYSE:TMK) Chairman Gary L. Coleman sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $83.10, for a total transaction of $1,080,300.00. Following the completion of the transaction, the chairman now directly owns 662,547 shares of the company’s stock, valued at approximately $55,057,655.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

NYSE:TMK traded up $0.28 during trading hours on Tuesday, reaching $83.64. The company’s stock had a trading volume of 431,659 shares, compared to its average volume of 534,961. The company has a market capitalization of $9.30 billion, a price-to-earnings ratio of 13.64, a price-to-earnings-growth ratio of 1.65 and a beta of 1.01. Torchmark Co. has a 12 month low of $69.68 and a 12 month high of $89.62. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.25.

Get Torchmark alerts:

Torchmark (NYSE:TMK) last issued its quarterly earnings results on Tuesday, February 5th. The insurance provider reported $1.56 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.56. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.09 billion. Torchmark had a return on equity of 12.54% and a net margin of 16.32%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.24 earnings per share. On average, sell-side analysts expect that Torchmark Co. will post 6.63 EPS for the current year.

A number of equities analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of Torchmark from $81.00 to $83.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 13th. SunTrust Banks reduced their price objective on shares of Torchmark from $89.00 to $84.00 and set a “hold” rating for the company in a research note on Monday, October 29th. ValuEngine downgraded shares of Torchmark from a “hold” rating to a “sell” rating in a research note on Wednesday, December 12th. Zacks Investment Research raised shares of Torchmark from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research note on Saturday, January 5th. Finally, JPMorgan Chase & Co. raised shares of Torchmark from a “neutral” rating to an “overweight” rating in a research note on Wednesday, January 2nd. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $85.17.

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc increased its position in shares of Torchmark by 1.7% during the third quarter. Vanguard Group Inc now owns 12,664,337 shares of the insurance provider’s stock worth $1,097,870,000 after purchasing an additional 210,422 shares in the last quarter. FMR LLC increased its position in shares of Torchmark by 5.8% during the third quarter. FMR LLC now owns 2,559,426 shares of the insurance provider’s stock worth $221,877,000 after purchasing an additional 139,310 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Torchmark by 15.7% during the second quarter. Bank of New York Mellon Corp now owns 1,498,890 shares of the insurance provider’s stock worth $122,025,000 after purchasing an additional 203,149 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Torchmark by 6.6% during the fourth quarter. Geode Capital Management LLC now owns 1,457,051 shares of the insurance provider’s stock worth $108,420,000 after purchasing an additional 89,972 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Torchmark by 1.2% during the fourth quarter. Northern Trust Corp now owns 1,254,449 shares of the insurance provider’s stock worth $93,493,000 after purchasing an additional 15,138 shares in the last quarter. 75.04% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this piece can be viewed at https://www.tickerreport.com/banking-finance/4164414/torchmark-co-tmk-chairman-gary-l-coleman-sells-13000-shares.html.

About Torchmark

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. It operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. The Life Insurance segment offers traditional and interest-sensitive whole life and term life insurance, and other life insurance.

Further Reading: What is insider trading?

TRONCLASSIC 24 Hour Trading Volume Tops $1,084.00 (TRXC)

TRONCLASSIC (CURRENCY:TRXC) traded 49% lower against the US dollar during the 1 day period ending at 17:00 PM ET on February 16th. TRONCLASSIC has a total market capitalization of $4.64 million and $1,084.00 worth of TRONCLASSIC was traded on exchanges in the last 24 hours. Over the last week, TRONCLASSIC has traded 153% higher against the US dollar. One TRONCLASSIC token can now be bought for approximately $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges including Token Store and BiteBTC.

Here’s how related cryptocurrencies have performed over the last 24 hours:

Get TRONCLASSIC alerts: XRP (XRP) traded 0.6% higher against the dollar and now trades at $0.30 or 0.00008306 BTC. Tether (USDT) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00027564 BTC. TRON (TRX) traded 0.1% lower against the dollar and now trades at $0.0241 or 0.00000661 BTC. Stellar (XLM) traded down 1.3% against the dollar and now trades at $0.0784 or 0.00002153 BTC. Binance Coin (BNB) traded down 1.8% against the dollar and now trades at $9.13 or 0.00250788 BTC. Bitcoin SV (BSV) traded up 0.2% against the dollar and now trades at $62.34 or 0.01711902 BTC. NEO (NEO) traded 0.9% lower against the dollar and now trades at $8.03 or 0.00220471 BTC. VeChain (VET) traded up 5.6% against the dollar and now trades at $0.0042 or 0.00000114 BTC. TrueUSD (TUSD) traded 0.2% lower against the dollar and now trades at $1.01 or 0.00027821 BTC. Holo (HOT) traded 1.4% higher against the dollar and now trades at $0.0013 or 0.00000036 BTC.

TRONCLASSIC Token Profile

TRONCLASSIC’s total supply is 1,000,000,000,000 tokens and its circulating supply is 465,107,478,370 tokens. TRONCLASSIC’s official Twitter account is @TronClassic. TRONCLASSIC’s official website is www.tronclassic.xyz.

TRONCLASSIC Token Trading

TRONCLASSIC can be bought or sold on the following cryptocurrency exchanges: BiteBTC and Token Store. It is usually not possible to buy alternative cryptocurrencies such as TRONCLASSIC directly using U.S. dollars. Investors seeking to trade TRONCLASSIC should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRONCLASSIC using one of the exchanges listed above.

new TradingView.widget({ “height”: 400, “width”: 650, “symbol”: “TRXCUSD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Blowout Earnings Aside, Lay off CyberArk Stock for Now

CyberArk (NASDAQ:CYBR) spiked higher in Thursday trading on a solid quarterly report. The Israeli-based online security firm blew away earnings and revenue estimates and garnered a lot of attention for CyberArk stock.

Source: Shutterstock

While this will please investors who bought before the announcement, valuation and growth forecasts warrant caution in CyberArk stock. Although CYBR should move higher in the long-term, the move higher makes the short and medium term outlook uncertain. CyberArk Stock Beat Estimates

In Q4, Cyberark reported non-GAAP earnings of 89 cents per share, 30 cents per share higher than analysts had anticipated. The company also doubled its net income over year-ago levels, when the company reported a profit of 41 cents per share.

Likewise, revenue also came in well ahead of estimates. CYBR brought in $109.1 million, $13.16 million more than expected. This represents a year-over-year increase of 35.7%.

Full-year results also came in ahead of expectations. As with the quarterly results, annual net income came in 30 cents per share ahead of $1.76 per share consensus estimate. The company earned $2.06 per share, 77.6% higher than the $1.16 per share in non-GAAP earnings reported in 2017. Revenues of $343.2 million beat estimates by $13.3 million. They also rose 31% above 2017 levels.

First quarter 2019 guidance also surprised to the upside. CyberArk expects between $91 million and $93 million. This would take net income somewhere between 39 cents and 42 cents per share.

For fiscal 2019, analysts predict somewhere between $411 million and $415 million in revenue. This brings about a slight increase in income estimates. The company forecasts between $1.94 and $2.00 per share in earnings.

Compare Brokers
Financial Metrics Imply a Temporary Setback

Traders took this news well, and CyberArk stock rose to $104.06 per share, an increase of 20.5% from Wednesday’s close. Two weeks ago when the stock traded in the mid-$80s per share level, I described CYBR as expensive, but worth it.

While this has pleased investors, I also see this as a time for caution, and a warning to look more closely at the numbers. Thursday’s spike in CYBR stock takes the forward price-to-earnings (PE) ratio to almost 54. The high end of the company’s earnings estimates comes to $2 per share. Investors should realize that if this happens, it will represent a slight decline in earnings for 2019.

For this reason, I see a temporary pause or even a pullback happening. However, analysts still expect an average earnings growth rate of 33.2% per year over the next five years. Hence, I would expect an interruption, not a downtrend.

As for CyberArk stock, I still see it as a buy on any pullback. Tech advances will make CyberArk and peers such as Check Point Software (NASDAQ:CHKP) and Palo Alto Networks (NASDAQ:PANW) at least as necessary as Symantec (NASDAQ:SYMC) was in the PC world.

After all, its current applications, as well as the ones that will probably come from 5G, make CyberArk’s software all the more important. However, valuations have become frothy. For those who want to take some profits, I see now as a good time.

Concluding Thoughts on CyberArk stock

CyberArk faces a bright long-term future amid an unclear near-term outlook. CYBR blew away earnings and revenue estimates for both Q4 and fiscal 2018. The company also raised guidance for both the next quarter and the upcoming fiscal year.

This good news has the result of clarifying the long-term outlook while making the short-term more uncertain. Amid the good news, the outlook implies profit shrinkages for fiscal 2019. Although I think this amounts to a pause rather than a peak, it could make investors question the 54 forward PE ratio for now.

I do not want to discourage those who wish to buy CyberArk. However, given the near-term outlook, I would urge investors to take profits now and buy later.

As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter

Top 5 Canadian Stocks To Own Right Now

tags:RNO,COP,TRP,NGD,ECA,

The small Canadian oil and gas producer is growing at a steady pace. The prudent management operates the company with a low net debt. The oil hedges and the diversification of gas markets also contribute to the stability of Tamarack Valley Energy (OTC:TNEYF).

At current prices and costs, the company can operate at a profit if it chooses to keep its production flat.

The market takes into account the positive developments by valuing the company at a premium. From a flowing barrel perspective, the company does not look cheap either, compared with some other oil and gas producers.

Image source: skeeze via Pixabay

Top 5 Canadian Stocks To Own Right Now: Rhino Resource Partners LP(RNO)

Advisors' Opinion:

• [By Ethan Ryder]

  Renold (LON:RNO) announced its earnings results on Tuesday. The company reported GBX 4.50 ($0.06) EPS for the quarter, meeting analysts’ consensus estimates of GBX 4.50 ($0.06), Bloomberg Earnings reports. Renold had a return on equity of 201.92% and a net margin of 4.30%.

• [By Logan Wallace]

  Credit Suisse Group set a €73.00 ($84.88) price objective on Renault (EPA:RNO) in a research report sent to investors on Tuesday morning. The brokerage currently has a neutral rating on the stock.

• [By Ethan Ryder]

  JPMorgan Chase & Co. set a €98.00 ($113.95) price target on Renault (EPA:RNO) in a research note released on Monday. The firm currently has a neutral rating on the stock.

• [By Shane Hupp]

  Deutsche Bank set a €115.00 ($133.72) target price on Renault (EPA:RNO) in a report released on Friday morning. The firm currently has a buy rating on the stock.

Top 5 Canadian Stocks To Own Right Now: ConocoPhillips(COP)

Advisors' Opinion:

• [By Ethan Ryder]

  Hauck & Aufhaeuser set a €36.00 ($41.86) price objective on Compugroup Medical (ETR:COP) in a research note issued to investors on Friday morning. The firm currently has a sell rating on the stock.

• [By Logan Wallace]

  Investors sold shares of ConocoPhillips (NYSE:COP) on strength during trading hours on Monday. $64.42 million flowed into the stock on the tick-up and $108.08 million flowed out of the stock on the tick-down, for a money net flow of $43.66 million out of the stock. Of all equities tracked, ConocoPhillips had the 0th highest net out-flow for the day. ConocoPhillips traded up $0.74 for the day and closed at $74.24

• [By Max Byerly]

  Rockefeller Capital Management L.P. reduced its stake in shares of ConocoPhillips (NYSE:COP) by 57.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 515,409 shares of the energy producer’s stock after selling 686,670 shares during the period. Rockefeller Capital Management L.P.’s holdings in ConocoPhillips were worth $35,883,000 at the end of the most recent quarter.

• [By Matthew DiLallo]

  According to a recent report by Reuters, ConocoPhillips (NYSE:COP) has held talks with investment banks about helping the company unload its stake in Cenovus Energy (NYSE:CVE). That sale could net the oil giant more than $2 billion in cash, which would bolster its already sizable cash war chest and give it more money to allocate in creating value for investors.

• [By Reuben Gregg Brewer]

  Investors in search of dividend income will quickly notice that ExxonMobil Corporation's (NYSE:XOM) 3.9% yield dwarfs the 1.8% dividend yield offered by ConocoPhillips (NYSE:COP). That, however, isn't the biggest reason dividend investors should prefer Exxon stock. Here's what you need to know to understand why Exxon is a better dividend stock than ConocoPhillips. 

Top 5 Canadian Stocks To Own Right Now: Transcananda Pipelines Ltd.(TRP)

Advisors' Opinion:

• [By Paul Ausick]

  In addition to the Trans Mountain system, two other pipeline projects currently are proposed to move crude oil from Alberta either to the Great Lakes or the Gulf Coast. Enbridge Inc. (NYSE: ENB) is proposing to replace its 50-year old Line 3 system to transport 760,000 barrels a day to Superior, Wisconsin. TransCanada Corp. (NYSE: TRP) has received approval from the Trump administration and would transport 830,000 barrels a day to Nebraska where existing pipelines will take over, sending the crude to U.S. refineries and Gulf Coast terminals.

• [By Matthew DiLallo]

  TransCanada (NYSE:TRP) has almost everything an investor could want in a stock. With a dividend yield of around 4.8%, the Canadian pipeline giant supplies investors with a lucrative income stream. Meanwhile, with 21 billion Canadian dollars ($16 billion) of expansion projects underway, the company has the fuel to grow earnings at a 10% compound annual rate through 2020, which should enable it to increase its dividend 8% to 10% per year through 2021. Finally, after selling off 11% this year, shares trade at an attractive value. Add everything up, and TransCanada has the potential to generate market-beating total returns in the coming years, which makes it an excellent stock to consider buying.

• [By Matthew DiLallo]

  Stocks that pay a growing dividend tend not only to outperform the market but to do so with less volatility. That's why risk-averse investors should consider stocking their portfolio with companies that have a high probability of paying a growing income stream in the years to come. Three top options worth considering are pipeline giants Enterprise Products Partners (NYSE:EPD), TransCanada (NYSE:TRP), and Magellan Midstream Partners (NYSE:MMP).

Top 5 Canadian Stocks To Own Right Now: NEW GOLD INC.(NGD)

Advisors' Opinion:

• [By Lisa Levin]

  Check out these big penny stock gainers and losers

  Losers Check-Cap Ltd. (NASDAQ: CHEK) fell 23.3 percent to $9.87 in pre-market trading after declining 13.45 percent on Wednesday. SunCoke Energy Partners, L.P. (NYSE: SXCP) fell 12.8 percent to $16.00 in pre-market trading after reporting Q1 results. Briggs & Stratton Corporation (NYSE: BGG) fell 11 percent to $17.55 in pre-market trading after the company posted mixed Q3 results and lowered its FY18 guidance. New Gold Inc. (NYSE: NGD) fell 8.4 percent to $2.30 in pre-market trading following downbeat Q1 results. Quality Care Properties, Inc. (NYSE: QCP) fell 8.2 percent to $20.85 in pre-market trading. Welltower announced plans to acquire QCP for $20.75 per share in cash. China Customer Relations Centers Inc. (NASDAQ: CCRC) shares fell 7.5 percent to $17.25 in pre-market trading after climbing 18.73 percent on Wednesday. Nokia Corporation (NYSE: NOK) shares fell 5.7 percent to $5.58 in pre-market trading after reporting Q1 results. eBay Inc. (NASDAQ: EBAY) fell 5.6 percent to $38.66 in pre-market trading following Q1 results. Southw
• [By Paul Ausick]

  New Gold Inc. (NYSEAMERICAN: NGD) dropped about 2.9% Monday to post a new 52-week low of $2.35. Shares closed at $2.42 on Friday and the stock’s 52-week high is $4.25. Volume was about 10% below the daily average of around 5.8 million shares. The gold mining company had no news.

• [By Lisa Levin] Gainers ARMO BioSciences, Inc. (NASDAQ: ARMO) shares rose 67.5 percent to $49.96 in pre-market trading after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. Turtle Beach Corporation (NASDAQ: HEAR) rose 62.8 percent to $11.30 in pre-market trading after the company reported Q1 results and raised its FY18 outlook. vTv Therapeutics Inc. (NASDAQ: VTVT) rose 23.4 percent to $2.11 in pre-market trading following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Resonant Inc. (NASDAQ: RESN) rose 19.1 percent to $5.00 in pre-market trading after reporting Q1 results. RXi Pharmaceuticals Corporation (NASDAQ: RXII) rose 17.7 percent to $2.39 in pre-market trading following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 15.2 percent to $2.20 in pre-market trading after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Everspin Technologies, Inc. (NASDAQ: MRAM) rose 14.6 percent to $8.50 in pre-market trading after the company reported strong results for its first quarter. Carvana Co. (NYSE: CVNA) shares rose 11 percent to $27.50 in pre-market trading after reporting upbeat Q1 sales. Sunrun Inc. (NASDAQ: RUN) rose 8.9 percent to $10.70 in pre-market trading following upbeat quarterly earnings. MediciNova, Inc. (NASDAQ: MNOV) rose 8.1 percent to $11.35 in pre-market trading after the company announced opening of Investigational New Drug Application for MN-166 (ibudilast) in glioblastoma. New Gold Inc. (NYSE: NGD) shares rose 7.7 percent to $2.65 in pre-market trading after the company reported that its President and CEO Hannes Portmann left the company. The company named Raymond Threlkeld as successor. Otter Tail Corporation (NASDAQ: OTTR) shares rose 7.4 percent to $46.60 in the pre-market trading session. Himax Technologies, Inc. (NASDAQ: HIMX) shares rose

Top 5 Canadian Stocks To Own Right Now: Encana Corporation(ECA)

Advisors' Opinion:

• [By Joseph Griffin]

  These are some of the media stories that may have effected Accern’s scoring:

  Get Encana alerts: Should You Listen to This Stock? Encana Corporation (ECA) moves 51.44% away from One Year Low (nasdaqchronicle.com) Hot Mover of the Day – Encana Corporation (NYSE:ECA) (thestockgem.com) Enrapturing Stocks: Encana Corporation, (NYSE: ECA), AmTrust Financial Services, Inc., (NASDAQ: AFSI) (globalexportlines.com) Analysts, Options Traders Love This Lesser-Known Energy Stock (schaeffersresearch.com) Encana Corp (ECA) Expected to Announce Quarterly Sales of $1.12 Billion (americanbankingnews.com)

  ECA traded up $0.27 on Thursday, hitting $12.47. 9,071,326 shares of the stock were exchanged, compared to its average volume of 9,380,907. Encana has a 12 month low of $8.01 and a 12 month high of $14.31. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $11.70 billion, a price-to-earnings ratio of 29.00, a P/E/G ratio of 1.98 and a beta of 2.00.

• [By Shane Hupp]

  Electra (CURRENCY:ECA) traded down 5.1% against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 12th. Over the last seven days, Electra has traded down 25.7% against the U.S. dollar. Electra has a market cap of $34.53 million and approximately $134,011.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0013 or 0.00000020 BTC on exchanges including CryptoBridge, Fatbtc, CoinFalcon and Coinhouse.

• [By Matthew DiLallo]

  Canada's Montney Shale doesn't currently capture investors' attention like the Permian Basin. However, that doesn't mean it's a second-tier play. Quite the contrary since, like the Permian, it's a resource-rich region with as many as six drillable formations that produce highly economic liquids-rich natural gas. Because of those features, it has become an important growth driver for companies like Encana (NYSE:ECA).

• [By Max Byerly]

  Shares of Encana Corp (NYSE:ECA) (TSE:ECA) have been given an average rating of “Buy” by the twenty-four analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, twenty-one have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $16.17.

• [By Matthew DiLallo]

  Today, however, many drillers are setting a high bar for new wells. EOG Resources (NYSE:EOG) has been one of the leaders in disrupting the former way of thinking by establishing a high return hurdle rate for new wells of 30% after-tax at $40 oil. Others followed with similar return-focused approaches, including Encana (NYSE:ECA), which needs locations to achieve a 35% after-tax return at $50 oil to meet its premium hurdle rate. 

• [By ]

  Already, shale companies such as Encana (ECA) , Occidental Petroleum (OXY) and Pioneer Natural Resources (PXD) , among others, are reporting higher cash flows and earnings on higher oil prices. As a result, they are paying down debt, increasing dividends and engaging in buybacks. This is a dramatic improvement in shareholder yield for the group.