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Bullboard - Stock Discussion Forum Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

Ovintiv Inc. is an oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of assets located in the United States and Canada. Its operations include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA operations and Canadian Operations. USA Operations include the exploration for, development of, and... see more

Bullboard (NYSE:OVV)

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Post by deepblueon Oct 04, 2021 4:22pm

OVV remains top pick

By UBS.
Post by deepblueon Oct 04, 2021 3:02pm

I smell $50

Very soon. $65+ by next summer if oil holds between $75-80.
Comment by deepblueon Sep 29, 2021 10:44am

RE:RE:RE:Here it's the link

This is HUGE..up to 26mil shares over 1yr period.
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  • autofocus111X
Comment by autofocus111on Sep 28, 2021 8:16pm

RE:RE:Here it's the link

Well that's it. Another buyback is coming, Man these guys love to do buybacks. Even after saying they were open to doing variable dividends they have opted for a buyback. At least this time they ...more  
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  • autofocus111X
Comment by autofocus111on Sep 10, 2021 1:12am

RE:Here it's the link

Thanks for the link. After the horrendous buybacks of years past, I say screw the share buybacks, variable dividend is the way to go.
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  • Frank123456X
Post by Frank123456on Sep 09, 2021 11:44pm

Here it's the link

https://ca.finance.yahoo.com/news/ovintiv-announces-increasing-shareholder-returns-211500499.html
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  • Frank123456X
Post by Frank123456on Sep 09, 2021 11:42pm

Excellent reserve for OVV

The number one asset of an oil and gas company is its reserve. OVV has excellent drilling inventory that can last more than a decade, esp. the Permian.
Comment by Margin321on Aug 03, 2021 12:28pm

RE:Suttles…

He did some good things with operations for sure. Focus on core holdings was probably okay. Timing on some additions and dispositions and pricing thereof was not best. And hedging was not as they say ...more  
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  • ColoradobuffX
Post by Coloradobuffon Jul 31, 2021 8:58pm

Suttles…

Why aren't more people happy he's moving on. That will be big for the company in a good way. 
Comment by Margin321on Jul 31, 2021 12:09pm

RE:RE:RE:RE:RE:Is OVV a better place to be....

OVV also made strong point that the hedges were at a high level partly because of their high debt level, which could have put them at risk if oil prices dropped below their hedged price.  As the ...more  
Comment by Margin321on Jul 31, 2021 12:06pm

RE:RE:RE:RE:Is OVV a better place to be....

Super post.  It is hard to remember that there were some periods of negative oil and gas prices early last year when covid shut down everything.  Locking in survival of the company was not ...more  
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  • GrandcentralX
Comment by Grandcentralon Jul 30, 2021 8:34am

RE:RE:RE:Is OVV a better place to be....

TD12 - the TERM "Hedging losses" is a risk, and how they are perceived. Hedging losses are the new 'flaw' with O and Gs according to the bears and shorts - these are not real ' ...more  
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  • TouchDown12X
Comment by TouchDown12on Jul 28, 2021 11:41am

RE:RE:Is OVV a better place to be....

HI Grandcentral. Thanks so much for the info... i'll reaserach this weekend. Bought some OVV this AM since it was falling so feel good about long-term hold. You worried about anything after Q2 ...more  
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  • scopenoseX
Comment by scopenoseon Jul 28, 2021 11:11am

RE:800 million hedging loss

True....we'll see how other co. compare with their hedges.
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  • GrandcentralX
Comment by Grandcentralon Jul 27, 2021 7:34pm

RE:Is OVV a better place to be....

Hey TD12 - I bought some OVV today. Here is an article that might help with a few other NG names. GLTA https://oilprice.com/Energy/Natural-Gas/Natural-Gas-Stocks-Still-Have-Major-Upside.html ...more