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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 Skysohighon Jan 28, 2020 12:24pm
79 Views
Post# 30609178

What is going on??

What is going on?? This stock underperformed to the downside yesterday and I see a decent recovery in all the other oil and nat gas stocks I follow and OVV is still down today! Wasn't this move supposed to open up new larger pools of capital according to suttles? Wasn't this supposed to finally stop the Canadian banks from shorting (Frank???). Didn't we have positive earnings for the last few quarters? A rarity I might add amongst this sector. What am I missing? It's driving me nuts.
Bullboard Posts