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 > I smell $11.00+

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Comment by venturetrader11on May 22, 2020 9:37pm

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Post# 31063620

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I smell $11.00+

Look at the last presentation on ovintiv website. It tells you right there that the goal is to get into passive indexes and that they will be getting in those funds in June. I am not quite sure what the reference of 70 mill shares means though, does it mean upto that amount could be gobbled up? Or does it mean it is certain that amount of shares will be taken? How big is our float?

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