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Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of product to provide operational flexibility.


NYSE:OVV - Post by User

Bullboard Posts
Post by valueplaysonlyon Nov 06, 2013 4:06pm
361 Views
Post# 21882428

Suttles exceeded my expectations

Suttles exceeded my expectations
Despite     beating 5 quarters in a row he still  slashed  head count  and offices.  This  guy is ruthless and I  like his style.   Already way  ahead on cost cutting and you  get the impression he moves the organization quick .   to  go   from no  oil  to  about  60   -75  boe of oil  and liquids in    less  than two years is remarkable.    No indecision at all on the plan.  Drill  the oily  plays and    package the non  core assets into a royalty trust of some sort.  In essence he is turning the company back   into  what  it was before the  Cenovus split.    This is a remarkable strategy  well executed  with capable leadership,  low cost   culture    and    the best hedging team in North America.     Easy  cross to 21   before XMAS.
Bullboard Posts