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Bullboard - Stock Discussion Forum 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... see more

NYSE:OVV - Post Discussion

Ovintiv Inc > Why Is OVV flying since posting such an ugly writedown
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Post by exprohibition18 on Aug 11, 2020 9:17am

Why Is OVV flying since posting such an ugly writedown

Hedges will drag once again in q3 
We already exceed most analyst price objectives

Short squeeze ?
Comment by regardless on Aug 11, 2020 10:36am
The 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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