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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 regardlesson Aug 11, 2020 10:36am
246 Views
Post# 31392447

RE:Why Is OVV flying since posting such an ugly writedown

RE:Why Is OVV flying since posting such an ugly writedownThe 50 million barrels of oil anticipated to decline in August is one thing.... natural gas above 2.18$ is a big thing too
anticipated another 60 million barbell draw in September and October will push oil back to 65$

thats why I think ovv is running up 
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