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Bullboard - Stock Discussion Forum 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... see more

NYSE:OVV - Post Discussion

Ovintiv Inc > The last 100% rally is rather dubious
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Post by exprohibition18 on Mar 01, 2021 11:49pm

The last 100% rally is rather dubious

The recovery to 15 from 2 was rational extension of full recovery in oil . But with crude in backwardation and Opec huge spare capacity - this last 100% upswing into Biden clean energy is rather dubious here imho 

feels like Banks are ultra long and pitching their inventory hard before the expiration date
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Ovintiv Inc