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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

Comment by BarbarousRelicon Jun 11, 2020 4:56pm
187 Views
Post# 31140523

RE:Welcome to the Goldman Sachs Casino : -40% in 3 days

RE:Welcome to the Goldman Sachs Casino : -40% in 3 days LOL, what did you expect, this stock is a traders delight, not an investment with everything working against it.  The hedges are life support while 70% of its production is shut in.  When they expire, this company will to get back to normal business of losing money and adding debt.  It could barely turn a profit from operations with oil in the high $50s.  Sometimes you lose...  A slot machine has better payout odds, so try the casino.
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