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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 Powerman5000on Apr 06, 2020 8:22pm
156 Views
Post# 30885050

RE:RE:RE:RE:SO YOU WANT IMPORT CONTROLS ON FOREIGN OIL?

RE:RE:RE:RE:SO YOU WANT IMPORT CONTROLS ON FOREIGN OIL?Of course that would require competitive pricing with Saudi and Russian oil, which effectively renders North America's high-cost oil non-price competitive to importers in SK, China, and others. Oil from elsewhere in the America's will also be tariffed because it reflects the global price, if it's produced at all. The tariffs can only apply to the US, and even then there's no assurance that Canadian oil will not be considered a competiting oil import and subject to tarrifs. 

Trumpster's crazy will cause a captive market and higher prices in the US to protect US oil companies. Can't win that way.

Bullboard Posts