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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 Runaway1492on Jul 05, 2019 2:05pm
119 Views
Post# 29890337

RE:NG...

RE:NG...Maybe look to UGAZ or other ETFs to play movements in oil and gas prices. The oil and gas sector is unloved in general these days and won't give as nice a return based on the commodity price. You're probably best to vacate it in general. I do hold a small position in ECA, PONY and CR but that's it. I think a recession is on the way and that it's best to hold a lot of cash then play SOXL, USOU, TECL when the market pulls back. These 3X leveraged ETFs can make a ton of cash in short period you just need to be patient and play the big swings.
Bullboard Posts