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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 ramman1on Jan 25, 2020 1:17pm
360 Views
Post# 30598665

So,we start new Monday morning

So,we start new Monday morningThe selling of CDN (index) funds holdings,of the former ECA ,is now complete,we turn a new chapter. ------- OVV now appears for Americans ,and American funds Monday. -----(OF NOTE) ,OVV will not officially be registered as an ''index acceptable holding'' for managers first thing. That could take some time,(in days)and I dont know that answer.----SO, what can we expect ? . Once OVV becomes available to index managers, ''a steady accumulation'',but , not all in one day . --Sharp managers will nibble away at OVV ,and insert into portfolios,over the course of likely 1 quarter, and add further upon the next set of OVV financials,if the numbers look good. Thats only prudent,to expect that kind of activity. There is ''no set time'', and ''no set weighting''----------Personal American and Canadian investors, and funds that are( not) index funds ,can buy OVV as required . OVV will likely appear in U.S oil/gas funds , and equity funds, fairly quickly . --- All in all , I think we see a steady ,controlled rise .The trend will be up ,the pace of the rise,is the wildcard we dont know,no-one does.
Bullboard Posts