OVV / Ovintiv Doubles Down on Permian Basin With Big Acquisition

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