OVV / Stocks Rebound Off Lows Again, But Techs Struggle; American Express, Mosaic, Ovintiv Rally

Ovintiv (OVV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. more_horizontal

Ovintiv's Permian acquisition boosted its oil and condensate production to above 200,000 barrels per day. The increased production and strong oil pric more_horizontal

Ovintiv (OVV) anticipates total production volumes to average between 540,000 and 560,000 barrels per day (bpd) for the third quarter and between 535, more_horizontal

The headline numbers for Ovintiv (OVV) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare more_horizontal

Ovintiv, formerly Encana, is currently undervalued by ~22%, according to a weighted average between my projected NPV and Alpha Spread's relative valua more_horizontal

DENVER , June 29, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2023 results conference ca more_horizontal

Despite a massive push toward renewables, the oil and gas industry remains the most vital component to the global energy mix. This puts Ovintiv Inc. ( more_horizontal

Ovintiv (OVV) expects CapEx of $590-$630 million for Q2 and $2.6-$2.9 billion for 2023, with crude oil and condensate volumes of 170,000-174,000 bpd a more_horizontal