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Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

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

Bullboard Posts
Comment by dalerules88on May 11, 2020 5:33pm
229 Views
Post# 31014111

RE:Close

RE:Closeprobably shorts pushing closing price down; not a lot of sellers, as joe schmoe is starting to buy for long term, so shorts will do evertying they can to push price down on relatively low volumes; watch for slow days and slow times for price to get depressed; if there's in fact 16% short still, then they'll take every chance they get to keep this from running away; 

anybody looking at the 10yr is buing this for long term; different company now, but to me the chart still screams "up" ... I think we close that gap to $10.50cad within couple of weeks, and six months from now we may be back at $20cad - good risk/reward for this size company, IMO



Bullboard Posts