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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
Post by zalmonellaon Jan 31, 2019 2:48pm
92 Views
Post# 29302903

Price down

Price downI'm not surprised ECA and all Canadian producers are having a down day - the Supreme Court just came out with its decision over Redpath - even in bankruptcy, the companies are still responsible for orphan wells. TAHt means banks and bonds come in second place behind obligations. Everyone's going to have a serious look at assets and financing of all drillers and producers now. This actually is a 'big thing'.
Bullboard Posts