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Bullboard - Stock Discussion Forum 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... see more

NYSE:OVV - Post Discussion

Ovintiv Inc > Ovv now trades at 14 times 2021 Cf
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Post by exprohibition18 on Mar 02, 2021 6:37am

Ovv now trades at 14 times 2021 Cf

So the Wall Street pirates that took this to 1 times cash flow a year ago now bid this thing up to 14 times 2021 estimates despite 6 billion in impairments last year and a losing q4 . 


I have nothing against OVV but It ain't business as usual in Permian . Russia and Opec have starved themselves out of the oil market for years and will be back at the trough next

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