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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 marpincanon Jun 07, 2019 12:56pm
135 Views
Post# 29806504

Institutions own most of this company.

Institutions own most of this company.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Shine Investment Advisory Services Inc. acquired a new stake in shares of Encana during the first quarter worth approximately $26,000. Lee Financial Co acquired a new stake in shares of Encana during the first quarter worth approximately $26,000. American Research & Management Co. acquired a new stake in shares of Encana during the first quarter worth approximately $27,000. Beutel Goodman & Co Ltd. acquired a new stake in shares of Encana during the first quarter worth approximately $31,000. Finally, Focused Wealth Management Inc boosted its holdings in shares of Encana by 200.0% during the fourth quarter. Focused Wealth Management Inc now owns 6,000 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 12,000 shares during the period. Institutional investors own 77.75% of the company’s stock.
Bullboard Posts