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

Bullboard Posts

Comment by Nakateon Apr 30, 2020 11:53pm

269 Views

Post# 30974626

RE:OIL rally gaining steam + 3% now, almost $ 20 per barrel

I would not get too excited just yet 20 bucks a barrel is not going to save the day and reduced consumption only means one thing less revenues and a backlog of inventory that is not going to go away anytime soon. One day no matter what the future's market does cannot change that. Oil will make a come back one day but not by june or even august.

Bullboard Posts

The investment impact of the U.S. 25% tariff on Canadian imports