Ovintiv is a resource play 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 operating segments are: U.S. 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 includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada; Market Optimization activities, which is responsible for the sale of Co.'s proprietary production to third party customers. The OVV stock yearly return is shown above.
The yearly return on the OVV stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the OVV annual return calculation with any dividends reinvested as applicable (on ex-dates).
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