Hess Corp. (HES) Declares $0.25 Quarterly Dividend; 1.5% Yield

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How to Play Hurricane Ida, Ovintiv Inc. (OVV) PT Lowered to $46 at Morgan Stanley

August 30, 2021 7:39 AM EDT

Morgan Stanley analyst Devin McDermott lowered the price target on Ovintiv Inc. (NYSE: OVV) to $46.00 (from $47.00) while maintaining a Overweight rating, noting the company has announced >$1 Bn of asset sales just in 21, reported 25-30% D&C cost efficiency reductions since 2019, and benefitted from rising commodity prices. However, he also offered a primer on how to invest around Hurricane Ida. Historically, a hurricane makes... More