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. The OVV YTD return is shown above.
The YTD Return on the OVV YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether OVV YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the OVV YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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