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 Thesweethearton Oct 26, 2019 2:13pm

93 Views

Post# 30272971

RE:RE:Looking for honest input

Short term 3 long term after buyout?

RickHunter wrote:
Blunose, encana is at the bottom. The company is 50-50 in natural gaz and oil. Natural gas start to recover and winter is a good period for demand. A lot of people heat their house with natural gas. Price by earning is very low and cheap 5,42. P/E with interesting buy point usually are 20 and less. except bank stock around 10 and IT around 30. Now its a buy. I own the stock in 2016 at 7 and sold it double the price in 2018 around 14. I think it possible again to see the stock triple around 15-17. I rebuy share fews weeks ago. Its a cyclic stock , its interesting for medium term investor. Its a stock to buy and hold for 2-3 years and to sell it. Not good for long term.

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