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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 reefsandals4evaon Mar 06, 2020 6:49pm
150 Views
Post# 30777946

I'm not sure what to do here. I think the management....

I'm not sure what to do here. I think the management....better comment on the drastic drop in price with news or something here.  This looks an awful lot like another alberta bankruptcy.  I'm trying my damndest to hold my position but I've had this happen once before and this needs to rally a long way to cover very short term losses.  I mean if so many companies haven't went down it would be easier to just wait 6 months but the story is getting to be too common.  The ones that go down sure go down fast.  I feel stupid for not cutting my losses a week ago.
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