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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
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Post by bestioleon Jun 14, 2013 7:25am
253 Views
Post# 21524303

Encana 2013 Gets Write-Ups

Encana 2013 Gets Write-Ups

The slow stochastic sub chart shows that ECA is oversold. The main chart shows that ECA has been in a downtrend recently. However, there doesn't seem to be a good reason for this given the above mentioned fundamentals. Instead ECA seems likely to bounce off its relative strong technical support in the $17-$18 per share range (the yellow line in the chart). It may have already done so. ECA's future seems likely to be upward, and investors will get to collect its substantial dividend as it makes that journey. The $24 to $26 share price area is the first area of overhead resistance. It should reach that area in the next year or two. It is a technical and fundamental buy.

https://seekingalpha.com/article/1501502-encana-2013-gets-write-ups-new-reserves-double-the-liquids-production-and-a-4-5-dividend?

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