Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Ovintiv Inc. (OVV)
Sector: Energy; Industry: Oil & Gas E&P

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-03-09 McAllister Michael Gerard President Buy 2,745 $3.99 $10,953 No
2020-02-28 McAllister Michael Gerard President Buy 3,400 $10.91 $37,094 No
2020-02-25 McAllister Michael Gerard President Buy 2,600 $13.77 $35,802 No

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