Encore Acquisition Company engages in the acquisition, exploration, exploitation, development, and production of oil and natural gas reserves from onshore fields in the United States. It holds interests in properties, and oil and natural gas reserves located in the Cedar Creek Anticline (CCA) in the Williston Basin of Montana and North Dakota; the Permian Basin of west Texas and southeastern New M...
Encore Acquisition ( EAC ) is an independent oil and natural gas exploration company with properties in the Dakotas, Oklahoma, New Mexico and Texas. EAC, a Zacks #1 Rank (Strong Buy), reported first-quarter earnings on May 7 that once again blew by Wall Street estimates. EAC surprised by 27.71%, or 23 cents per share, reporting $1.06 compared to analysts' estimates of 83 cents per share. E...
Encore Acquisition Company ( EAC ), an independent exploration and production company, is in the hot energy sector and has seen its shares trade up sharply in recent sessions. Brokerage analysts have been raising estimates as crude and natural gas prices stay at elevated prices. Two out of five covering analysts raised for the first quarter in the la...