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 GasPro2017on May 06, 2020 2:39pm

184 Views

Post# 30994311

RE:RE:down to $7?

To be clear, I am not hoping it'll get down to $7.

However, I think investors are anxious about how the stock will respond to the earning results, so the buyers are very hesitent. Meanwhile you have shorts leaning on it big time.

There is some support at $7.33, so I suspect the shorts will try and sell it down below that.....next stop $7?

Honestly I'd be a little worried even buying it at $7, thinking thwy may keep hammering it down.

Crazy volatile times

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