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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 bert2818on Oct 15, 2007 10:32am
340 Views
Post# 13571706

RE: my home is heated with natural gas

RE: my home is heated with natural gasAs a senior Albertan I like to see a little more fairness toward the royalty question.Why should all the oil wealth go out of the Province and/or go toward a small group of people? I am a shareholder of Encana and have been since its inception, but unless I sell out I cannot partake in the the wealth that I as an Albertan suppose to own.(the piddle dividend ECA dishes out does not account for very much) Natural resources are ours or are they? Atleast that's what what we had been told. The problem is not a fair royalty,(1% or 2%higher will not hurt any one) it is how that royalty is being distributed! Bottomless greed has created a condition which cannot go on without upsetting the social fibre of our society. As for the energy companies, what difference does it make to them if they pay it to the Alberta Government as a royalty or to the federal Government as an Income tax? These are the questions one should ask.
Bullboard Posts