Here's Why Retain Strategy Is Apt for Ovintiv Stock for Now

Key Takeaways OVV posted $387M in Q1 free cash flow and resumed buybacks, repurchasing 1.2M shares in April. A $2.3B Montney acquisition is driving cost savings and 20 years of inventory growth for OVV. OVV faces risks from weak stock performance, oil volatility and Permian production declines.Ovintiv Inc. (OVV) is a leading oil and gas exploration company headquartered in Denver, CO. The company has extensive operations in the United States and Canada, specializing in the exploration and production of na ...