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 4:33pm

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Post# 30895766

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

Unfortunately the stockmarket doesnt have a sense of history. I wish it would get up to that level.

For that to happen Oil has to reach at least 70$ (pure speculation) which almost seems like a distant goal. I see the price of oil stabilize around 35-40$ in the near term. (June - Dec)

When vaccine comes out and economy starts to picks up in 2021 from where it left of hopefully the price of oil is in the 45-50$ range. Hopefully by then this stock is at 8$ usd.

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