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 Boulteron Feb 24, 2020 3:08pm

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Post# 30727402

RE:Strange reaction for a company generating 1 B$ in cash

ZincDink1 wrote: Take a look at the cash flow.

https://www.investing.com/equities/encana-corporation-cash-flow

They would have generated over 1.3 B$ if they hadn't done the share buybacks.

I expect they will generate 1 B$ this year.

Would have been nice if Doug had doubled the divy to make holding less painful.

With so many investors refusing to own oil and gas on principle of global warming, while hypocritically continuing to fly and drive to their heart's content, the share price may never again trade at a fair valuation. So I say up the dividends and let energy companies yield 10 or 15% while they trade at a PE of 3 or 5.

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