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

Bullboard Posts

Post by gonecodeon Mar 07, 2016 9:38am

333 Views

Post# 24629169

Amazing run. $10.00 coming soon.

Stock was way oversold and when the Conference call calmed all fears that they would survive and could make money.
Stock has been on a tear to get back to where it should have been.

$10.00 is a nice target and if Oil hovers back into the $40.00 range, profits could be made quickly.

I think Encana actually has presold production for prices in the profitable range anyways.

I still can't imagine why majors would not be buying up stock at these prices ..The fields are good and growing and coming down in costs per barrel. Who knows but $10.00 is coming quick.

Bullboard Posts

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