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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 marpincanon Dec 09, 2014 2:52pm
129 Views
Post# 23211631

RE:RE:RE:Back up the truck LOL

RE:RE:RE:Back up the truck LOL
Time will tell. A lot depends on how long oil prices stay low. They kept the best of the gas lands and although timing could have been better, they did buy into 2 of the best shale plays in USA. We will have to see what kind of results they get in the Permian once they apply their horizontal drilling technics. Athlon had only drilled vertical wells and I believe that the purchased land will be far more productive with horizontal wells. Again, Time will tell. A this point in time all oil companies are getting beat up without much regard for quality or anything else.
Bullboard Posts