Ovintiv Inc OVV

Its time for mgmt team to speak up

[exprohibition18]

Some advising entity or bank clearly stewarded  the departure from Canada under the belief that this acion would unleash shareholder value. Since that time things have never been worse for our stock- exceeding declines in any previous bear market -including the infamous 2008 meltoff

Fellow Permian player Apache has outperfromed us by over 50% in past 12 mths. This is clearly not about the basin .  Time for mgmt team to fall to Plan B or Plan C. If being in the States is a mistake or was falsely marketed to us- then rectify the mistake .  We were $6.00 a share presplit 2 mths ago and today we dwindle at 2. 

Seek reimbursement and damages from the advisors if necessary.  They clearly are either playing disingenuisly to 2 sides here as was done during subprime or do not have our best interests at heart - or are plain stupid in their area of supposed expertise.

[lufkin1961]

Well said. Where is management's response to this catastrophic decline? management is getting/giving derivative securities, but very little actual buying from their pockets. Suttles does buy 4500 shares ($60,000?) but at his salary of multi millions, barely window dressing to show up as insider buying. if March 20 does allow new US index  buying, some further explanation from

[cashtango00]

exactly, this price collapse has been a massive success for the CEO.  He owns a very smal position in the company relative to what it pays him and now the shares all the way down here, he will write himself and other board members options with very low strike prices to reflect the current market.  He has gained massively from the collapse of this stock.  this is why so many analysts

[Maxmoe]

Shittles didn't move the head office for any economic reason. He moved it because that's where he and his family chose to live. No banker 'sold' him on the idea. He 'sold' the idea to the board and shareholders were foolish enough to vote for it. Blame yourselves. I sold the day it was announced. Fire skittles, with cause (selfish destruction of value).... no severance

[BarbarousRelic]

  Well exprohibition I told the board 6 days ago that Suttles and the CEO lost control of all price and value preservation for shareholders. And management is missing in action.   YOU said ‘it’s BS propaganda and I should be investigated for “abuse”.  Of what, your feelings?     Do you even know what you are talking about?  

[Skysohigh]

This is supposedly why shittles gets paid the big bucks to make these decisions right and boost shareholder value. Clearly shittles didn't do his due diligence and should be canned accordingly. The little investors like me bought the narrative but I was not going to know all the intricacies and details, that why we have a CEO and BOD.

[cashtango00]

Shittles would make a great VP operations, he has been a disaster at seeing the bigger picture and has made horribly timed acquistions again and again, terrible timing on the share buy back, and does not listen to the industry when he should.  Although he has done some good, his tenure as CEO as been one of extreme wealth destruction. Sad what he has done to this company, and ironically, has