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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Post by Hiddensecretson May 05, 2020 6:48pm

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Post# 30990342

Oil now at $ 26 per barrel, soon at $ 40 to $ 44 summer 2020

There will be a FEROCIOUS RALLY in oil and natural gas as consumers were locked down for too long, like being in prision and they accumulated money without ability to spend it anywhere.

So when you come out of prison, guess what happens, you do not lock yourself down, you party, party, party, party some more, which means lots of activities out there as world gets back to normal.

Huge demand for natural gas as everyone is filling up at the same time....

MPO

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