HoT Stocks Buzz: California Resources (NYSE:CRC), Encana (NYSE:ECA), Denbury Resources (NYSE:DNR)

On Thursday, California Resources Corp (NYSE:CRC)’s shares inclined 17.59% to $2.34. California Resources Corp (NYSE:CRC) is now worth about $771.80 million. The share price has made a 18.18% gain in the past 5 days and has lost -58.8% since 2015 kicked off. Analysts are forecasting EPS growth of -6.16% for next fiscal year. The stock price is below by -55.95% as contrast to the average price over the last 200 days. The company has 56.00% gross margins. The company has the RSI of 40.91 and Average True Range of 0.33.

California Resources Corporation (CRC) is an independent oil and natural gas exploration and production company, operating properties exclusively within the State of California. The Company has a mineral acreage consisting of approximately 2.4 million net acres spanning the state’s four oil and gas basins.

Encana Corporation (USA) (NYSE:ECA)’s shares gained 5.38% to $5.09. With its recent share price change, ECA market value has reached roughly $4.09 billion. Its most recent quarter balance sheet showed the company is standing at a 1.20 current ratio and possess -1.16 as debt to equity ratio. The company has a Profit Margin (ttm) of negative -77.10% and has 73.80% gross margins. The operating profit margin is -77.10%. The stock’s performance in 1 month is -38.01% and its volatility for the same period is 4.66%.

Wall Street Equity Research analysts evaluating future earnings growth for Encana Corporation (NYSE:ECA), are predicting that the company will report $0.03 for the quarter ending on 2015-12-31. This number is on a consensus basis of the brokerage firms issuing projections on the firm.

BMO Capital Markets downgraded shares of Encana Co. (NYSE:ECA) to a hold rating in a research note released on Monday, Market Beat.com reports.

Encana Corporation is engaged in the business of the exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company operates through three business segments: Canadian Operations, which includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada; USA Operations.

Denbury Resources Inc. (NYSE:DNR)‘s shares surged 2.79% to $2.03. The last trading range of Denbury Resources Inc. (NYSE:DNR) ranges between $1.91 and $2.04. The EPS of the company stands at $-8.96. The 52-week range shows that the stock reached higher at $9.53 while its lower range is $1.72 in the last 52-weeks. The average volume of the company is at 12.54 million with the Outstanding Shares of 351.16 million. The market capitalization of the company is $691.79 million. The Beta of the company stands at 2.51 with the RSI (Relative Strength Index) of 36.55.

Denbury Resources Inc. is an independent oil and natural gas company. The Company’s operations are focused in two operating areas: the Gulf Coast and Rocky Mountain regions. The Company’s properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming.

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