The company thought they would attract passive US money from investors when the changed the name from Encana and re-located to the US. Now that it is down 65% this year, it is now below the threshold to be included in the passive index. There is now no reason to own this stock at all.
The company thought they would attract passive US money from investors when the changed the name from Encana and re-located to the US. Now that it is down 65% this year, it is now below the threshold to be included in the passive index. There is now no reason to own this stock at all.
Not a big lover of energy. Owns SU and CNQ in Canada. In the US, he owns no energy. It doesn't matter which side of the border you're on, energy companies are out of favour.
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 4
Total Signals / Votes : 4
Ovintiv is a Canadian stock, trading under the symbol OVV-T on the Toronto Stock Exchange (OVV-CT). It is usually referred to as TSX:OVV or OVV-T
In the last year, 4 stock analysts published opinions about OVV-T. 0 analyst recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Ovintiv.
Ovintiv was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Ovintiv.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Ovintiv In the last year. It is a trending stock that is worth watching.
On 2020-04-03, Ovintiv (OVV-T) stock closed at a price of $4.83.
