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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

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Post by ramman1on Feb 01, 2020 12:14pm
123 Views
Post# 30629179

Dont forget folks

Dont forget folksWhen Encana , and Cenovus were spun out as separate entities years ago,ECA, now OVV , was ''all' gas , and Cenovus was oil . --JUST think /fast forward,if OVV was still ''all gas'' in FEB /20 what would things look like. -------- Not saying our share price is anything good, but ''at that time ,gas was trading at $ 5 mm/cf,far cry from current.---Fact is OVV is well diversified now gas/oil/liquids mix,its taken money and decent decisions to get there ,and the premium plays are now obtained . ---Internal numbers of OVV are not bad,cash flow positive,a lot better position than all peers ,of significant size .
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