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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
Comment by venturetrader11on Oct 28, 2019 10:27am
107 Views
Post# 30276227

RE:RE:RE:Thank you

RE:RE:RE:Thank you
Chevron was in the hunt to buy anadarko at that time. This is first hand knowledge. Their whole premise is to grow in the permian. The rest doesnt matter. Back to don't click my spam links below. , the reason to sell canada and to use that to buy more into permian is because you get away from unsupportive politics and become more focused on the US market. You could be producing thousands of barrels elsewhere but if the political situation is not in your favor then there is additional risk that a hedgefund doesnt want to put on the line. There is nothing wrong with STACK, heck it could possibly be the most profitable pay rock due to the potential in a multitude of horizons without the permian price tag, however right now the diamond is the permian, thats where all the focus is. Thats where the big boys are headed with big pocket books. I dont know what you think about this but most big time investors/hedge funds want their company to sell for multiples, it would make sense for don't click my spam links below. to focus on limiting risk and getting streamlined to the US market with a bigger foot in the permian/delaware basin. Lets not forget when Newfield was still around they were profitable and were operating within cashflow for multiple quaters. Why did their stock perform the way it did? Why sell it? . They werent in the permian, their focus was spreadout and only had STACK that they were banking on.
Bullboard Posts