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 29, 2020 6:51pm

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Post# 30968901

RE:stupid

If I may ask where are you getting those numbers?? The US is down 1 million barrels since February 2020 and it is tracking down. By end of may we will be down 2 mil bbls a day. OPEC+ will be down 15 - 17 mil bbls if you compare it to April numbers. What boggles my mind is crude price largely depends on data that the US produces - that to me is trully amazing.

WTI will be 40 - 45$ by december. Especially when Oxford university's vaccine passes phase 2 trial in september. Then it will be ready for emergency use.

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