Core Insights - The article discusses the performance and investment potential of oil and gas companies, particularly focusing on Ovintiv, which has a history of poor long-term performance characterized by buying, selling, and spinoffs that suggest stagnation rather than growth [2]. Company Analysis - Ovintiv is highlighted as having a miserable long-term track record, with its history resembling treading water rather than making real progress [2]. - The analysis emphasizes the cyclical nature of the oil and gas industry, which is described as a boom-bust sector that requires patience and experience for successful investment [2]. Investment Strategy - The investing group, Oil & Gas Value Research, seeks undervalued and under-followed oil companies, as well as out-of-favor midstream companies that present compelling investment opportunities [2]. - The group provides a platform for investors to discuss recent information and share ideas, enhancing the collaborative investment approach [2].
Ovintiv: The Buying And Selling Continues