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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

Bullboard Posts
Comment by Everpatienton Oct 05, 2007 1:40pm
258 Views
Post# 13530052

RE: Threats are dangerous.

RE: Threats are dangerous.When we are in a global relization that oil and gas are now a depleting resource, it is unfair to compare this to what happened 20 years ago. There have been many busts in this industry since then, that the only cause was the price of oil and gas. That is why the recent layoffs and it seems that these big oil companies want to twist it and blame it on this royalty issue. People know better. Just seems to me that the greed really showed this time when one month they are out recruiting immigrants from all over Canada and the world to come work and then next month threatening to cut all investment off in Alberta. You really think that attracts people to this province? Move all the way here just to get laid off? I mean markets don't like instability and it is these kind of threats that the oil companies are making that is causing this instability. And most certainly it does not bode well for workers in the future. They are the cause of shortage of workers. They scream that you have to have a stable environment to invest. What about a stable environment to work for the workers???? Again they don't give a rats but about anything except their almight profits. Even a report on Edmonton news stated that immigrants are now leaving Alberta in great numbers and they are trying to find out why. Well I wonder why....
Bullboard Posts