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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Comment by marpincanon Mar 04, 2015 6:30pm

171 Views

Post# 23490803

RE:RE:RE:RE:RE:finance ?

Unfortunately in todays market, any bought deal is at a considerable discount to market. Even in a hot market, 2% discount to market would be as good as it gets and this is no where near a hot market. The discount is in line with bought deals in oil and gas done rescently. Also anyone wanting to pick some up at 14.60 should have no problem placing an order. It may also trade below the bought deal price as other issues in the oil and gas sector have.

Just a sign of the current times.

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