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 Jul 26, 2015 8:31pm

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Post# 23961551

RE:just went through Q2

Based on what was in their transcript, a lot of the work in the Permian was front end loaded and as well it took a while for Encanna to get some of its systems and practices into place and they shold be able to more than make up for this in the 3rd and 4rth quarter. They are also making good progress in reducing costs and were calling for $25 net backs in their production based on WTI $50 oil.

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