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 venturetrader11on Apr 09, 2020 4:19pm

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Post# 30895711

RE:RE:Nice close at $6.17 cad with oil down

They are only cutting 10 million/day. Obviously market isnt happy. Monday will be a red day.

Non opec countries expect organic cuts due to free market so pretty much everone will tout 15 million in cuts but the markets will now go back to data.

And that is that the inventories will keep rising until past may 2020

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