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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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Post by George98on Dec 08, 2019 2:46am
163 Views
Post# 30433143

Analysts start to "see" again Cdn producers

Analysts start to "see" again Cdn producers Dec 4
 
 

Thx Wood Mackenzie f/ great webcast, many Permian producers w/ PDP decline rates >40%, hard to keep production flat if 2020 drilling is same as 2019. Same as SAF Oct 7 outlook “Math Says Permian Growth Forecasts Have To Be Lowered” …

1 reply 3 retweets 14 likes
 
 
 
 
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… making former Saudi Energy Minister Falih’s Permian view look right. See SAF July 3 blog “A Big Plus To Post 2020 Oil If Saudi Is Even Directionally Right That Permian Plateau Is “In A Year Or Two Years or Four Years” …   

 
 
 
 
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Also reminds of a key advantage to Cdn oil producers, who have had to live with what US is going thru now with very little new equity/debt capital, and proving a growth + dividend oil producing model is working – Cdn oil decline rates are way hugely lower.


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