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 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

Ovintiv Inc

Bullboard Posts

Comment by bert2818on Feb 15, 2006 11:57pm

466 Views

Post# 10369454

RE: Not good

"...means oil sand plays are going to get hammered." Not ECA! They have the most efficient and modern SAGD plant and they still will make a lot of money even if the price of oil falls to $30. SAGDs might use more NG, but can be run with a lot less manpower. Let the share price drop to $40 and ECA can buy back their shares at a good profit.They have been buying at $50- $55, so you can rest assured the will be buying at a lower level.A money maker if there ever was one.

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