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 Blaser2on Oct 22, 2013 1:56pm

160 Views

Post# 21838088

RE:RE:RE:dividend and next wednesday

Here's my take.

The dividend has been bleeding cash and financed by borrowing. There is new management who are not beholden to the past. ENCANA's future profits that will not support the dividend for at least 6 months or more. If they want to bite the bullet and cut the dividend now, it would make sense unless the Q3 and Q4 profits exceed expectations by a wide margin. If I was in the position to decide, I would cut it in half to $0.10 per quarter until my financial house was in order.

Regards

Blair

Bullboard Posts

Day trading vs. swing trading strategies for small-cap stocks