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 johnathamiltonon Jul 26, 2019 12:04pm

162 Views

Post# 29964323

RE:RE:RE:RE:RE:RE:RE:RE RE:- ENCANA @5.65

Very ballsy move to buy now. With current trend down, I'm waiting until I see some consolidation and the 2nd Quarter results. I thought buying more ~C$9 would be a good bet, but now down 40% from that. Not whining - just providing an example of why it's a good practice to have a stop loss. I typically use -6% as a disciplined limit to tell me that my bet has gone sour and I need to revisit my premise for getting in. I am invested in CVE which has done very well for me. But obviously, ECA has other issues which seem to stem from the decision to purchase Newfield.
Hope you all do well and make money! This is not a game for the faint of heart.

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