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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
Comment by ChungasRevengeon Oct 31, 2014 7:41pm
153 Views
Post# 23084022

RE:RE:RE:ECA has transformed

RE:RE:RE:ECA has transformed
jodietoadie wrote: One problem Mr. Ranger,

Athalon, along with most of the other plays are now extremely capital intensive.  Suttles might just put this company under.  The Athalon deal was expensive at $100 oil.  It is lunacy at $75 oil.  EnCana has billions and billions in Cap-ex to get any return on this as well as most of it't other projects. 


People are forgetting that ECA would have had to pay close to a billion in exchange (CDN to American) to buy the same assets out right.
Bullboard Posts