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 > OVV in play?

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Comment by oilisswellon Oct 02, 2024 4:02pm

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Post# 36250582

RE:OVV in play?

Looks like the end of the petroleum bear market and the beginning of the bull market. With several producers trading near 52 week lows now would be a good time to buy. Fall/ winter is typically very good for oil and gas, particularly if we have a long cold season.

OVV, VRN, BTE, and many others are likely to move higher as the year progresses.

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