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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
Post by psmithon Mar 24, 2010 8:45pm
460 Views
Post# 16921202

Dividend Yield

Dividend YieldOnly thing going to support this stock right now would be an increase in dividend.  Otherwise I think price will drift lower until it looks more attractive.  I'm out last week when my trailing stop was taken out.  I got into this story partly because of the dividend.  I'm sure others did too.  That's half now.  IMO much of the support will drift away as a result.
Bullboard Posts