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The Downside of EnCana's Latest Maneuver

Posted on May 19, 2008

Last Sunday, EnCana Corporation (ECA)decided to split into two parts, with one part focused on natural gasand the other part on oil sands. While most financial journalists andanalysts thought highly of EnCana's move, I think differently.Thosewho believe EnCana's move was a smart decision point to increased focusand investors' ability to pick and choose which asset group they wantin their portfolio. And, of course, many point to the two smaller sizedcompanies being more attractive as takeover targets. ...

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Tags:
oil , oil sands
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