Ovintiv Inc OVV

Alternate Symbol(s): T.OVV

Energy Oil & Gas E&P

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

Ovintiv Inc > Winter Nymex is above $3 per mmbtu

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Post by exprohibition18on Apr 22, 2020 8:39am

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Post# 30937894

Winter Nymex is above $3 per mmbtu

Let's see 1.7 bcf per day of ng production and gas prices quite strong now

this entire company is being typecast as an exclusive Permian oil play which is kinda funny how myopic Wall Street becomes when they have an agenda . We are as hedged as one possibly could be given our production profile . Any more hedged on oil and I would be concerned about being caught wrong footed on margining on squeezes .

these guys are survivors . No redetermination bank bs to contend with and lots of opportunities will be created from this landscape .

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