The following video is part of our "Motley Fool Conversations" series, in which analyst Paul Chi and senior analyst Matt Argersinger discuss topics across the investing world.

In today’s edition, Paul and Matt discuss EnCana, a natural-gas-focused player operating in North America. As the price of natural gas continues to stagnate, companies are looking to diversify their production by getting more liquids into their production mix. EnCana is later than some of its competitors in adopting liquids -- but better late than never. As EnCana works to increase its liquids mix, it’s becoming an interesting way to play a potential natural gas rebound: a gas-heavy stock with some downside protection.

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