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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

Post by Violet17on Jan 15, 2020 9:41pm
174 Views
Post# 30558474

What are the complications for Canadian stock holders due to

What are the complications for Canadian stock holders due toHello to all Canadian stockholders!

Reading the prospectus now and trying to figure out what are the comlications due to ECA  changing residency.  Will Canadian stockholders need to pay more taxes, do more tax paper work due to the last changes?
I mean not only short term inconviniece but looking long ahead.
Still, trying to convince myself to keep the stock and not to take losses though it would be probably better just to "cut the tail once" and forget ECA like a nightmare. 
TIA
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