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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 LogisticsMapleLon Mar 01, 2020 2:47pm
98 Views
Post# 30753197

RE:RE:Have we finally hit bottom?

RE:RE:Have we finally hit bottom?
ftj1408 wrote:
Decision to delist? I am new to this stock. Bought some more than a month ago and doubled down this week, buying as low as 14 cad. Dont know too much yet of the company. Seems very cheap though. Even the dividend becomes notable at these prices.


Moving to the states was foolish , they have destroyed soo much of their market cap they dont meet the requirements for the S&P 500 anymore. The damage is mostly done now though 35.00 oil if opec doesn't cut , stock is cheap on most valuation metrics at some point that will draw interest from investors or other oil companies when things recover.
Bullboard Posts