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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 jerrybeon Jun 27, 2014 5:49pm
196 Views
Post# 22702161

RE:RE:Any Chance Will Announce Giving Our Money Back?

RE:RE:Any Chance Will Announce Giving Our Money Back? Don't you want them to invest in wells with 100% IRR instead of a dividend? I would much rather they focus on drilling very profitable wells and prove up all of their plays. The land base is so big that confirming plays like the TMS will be much more valuable for shareholders than increasing the dividend, at least for the next couple of years. It is not like they are squandering the cash here with such an inventory of highly profitable drilling locations.
Bullboard Posts