Ovintiv is an oil and natural gas exploration and production company that is focused on developing its portfolio of oil and natural gas assets located in the U.S. and Canada. Co.'s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Co.'s segments are: USA Operations, which includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the U.S.; Canadian Operations, which includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada; and Market Optimization, which includes the sale of its production to third party customers. We show 20 historical shares outstanding datapoints in our coverage of OVV's shares outstanding history.
Understanding the changing numbers of OVV shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like OVV versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching OVV by allowing them to research OVV shares outstanding history
as well as any other stock in our coverage universe. |
Free OVV Email Alerts:
Video: Shares Outstanding Importance
