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 Romperon Jun 29, 2014 5:16pm

221 Views

Post# 22704214

This dip could be a buying opportunity.

The warm weather is starting to kick in which means that we may not see the big storage builds that have been the norm for the past few weeks. Suttles also seems to be executing very well on his plan to stream line operations and increase profitability. The Eaglesford aquisition doubles ECA's oil and liquids output and on top of that we have the growth that would have occured anyways. we may see ECA, oil and liqiuds percentage approach 20% or better by the end of the year.

JMO

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