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Ovintiv: 2024 Production Guidance Increase, Multi-Frac Technology, And Cheap
OVVOvintiv(OVV) Seeking Alpha·2024-08-06 06:23

Jonathan Knowles/DigitalVision via Getty Images Ovintiv Inc. (NYSE:OVV) recently raised its full-year production guidance in 2024, and showed an impressive business growth in the last decade. From asset growth to FCF growth and debt reduction, everything seems to indicate that OVV has proven expertise in the industry. I would be expecting new well improvement from multi-frac technology Simulfrac and Trimulfrac, which may have a beneficial effect on free cash flow growth. Besides, recent announcements about ...