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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (62820)	7/24/2019 7:56:05 PM
From: Goose94	Read Replies (1) of 202925

Cenovus Energy (CVE-T) top pick from Michael Sprung on BNN.ca Market Call Wednesday July 24th @ 1200ET Encana is a leading North American oil and gas producer focused on the Montney, the Permian and the STACK/SCOOP resource areas. Since closing on the Newfield acquisition earlier this year, investors will be focused in the company's expertise in exploiting these assets. Encana continues to make progress in shedding non-core assets. Over the past few years, management has drastically reduced operation expenses and improved efficiencies. The stock is severely undervalued in the market as investors have all but abandoned the energy sector over the past few years. Eventually, we believe they’ll recognize the company’s ability to throw off free cash flow from its extremely well managed assets.

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