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Bullboard - Stock Discussion Forum Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market... see more

Bullboard (NYSE:OVV)

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Post by deepblueon Apr 28, 2020 10:35am

OPEC+ says $40 oil

By 2nd half 2020. OVV could easily be $15-$18 by Christmas
Comment by cashtango00on Apr 28, 2020 9:37am

RE:RE:With Hedges OVV is STRONGEST among competitors

Bluejay,  don't bother, the guy is an absolute moron.  I have tried to explain the basics and he just keeps posting the same dumb nonsense.  Why people invest in things they don' ...more  
Post by exprohibition18on Apr 28, 2020 9:24am

The storage issue is complete nonsense

Do u know how many millions of miles of gathering systems are available in this country to double on as oil storage / line pack?  the obstacles are ferc based and regulatory not physical . It ...more  
Comment by Bluejaysoilcompon Apr 28, 2020 8:14am

RE:With Hedges OVV is STRONGEST among competitors

You have no idea how the oil well works. It's not like a water tap at your house and most of the shale companies have to keep running to payback their debts even if WTI prices collapsed.
Post by exprohibition18on Apr 28, 2020 6:33am

Meantime surveillance GOOG TSLA AAPL FB

The bull market in your surveillance is alive and kicking covid means expanded healthcare surveillance  what is apparently destroying oil demand is lifting the deep state to unprecedented ...more  
Post by Hiddensecretson Apr 28, 2020 1:54am

With Hedges OVV is STRONGEST among competitors

OVV played its cards very well, totally hedged, meaning that all they have to do to make a bundle on the hedges is to simply turn off the oil taps for a certain period of time or to slow it down. It ...more  
Post by exprohibition18on Apr 27, 2020 8:28pm

When surveillance capitalism is shorted oil flies

Right now - the reason Nasdaq is on all time highs and energy all time lows is because the monetization if surveillance data continues unabated from covid . In fact arguably new govt controls actually ...more  
Post by venturetrader11on Apr 27, 2020 6:42pm

Hedge price sensitivities

Wonder if that table accounts for cost of hedge? Otherwise its a mute point to post that to investors.
Comment by cashtango00on Apr 27, 2020 3:11pm

RE:RE:RE:RE:RE:Hedges are GOLD, at current prices....HUGE $$$$

agree, but nat gas into 2021 is looking a lot better and they aren't hedged much after 2020.  they will be able to lock in some nice new 2021 hedges in the next 3-6 months well above prices ...more  
Comment by regardlesson Apr 27, 2020 3:07pm

RE:RE:RE:RE:Hedges are GOLD, at current prices....HUGE $$$$

Yes but we are hedges with natural gas aswell and if it takes off we lose 
Comment by cashtango00on Apr 27, 2020 2:57pm

RE:RE:RE:Hedges are GOLD, at current prices....HUGE $$$$

Look how far it has fallen.  It has a lot of bad news already cooked into the stock.   The hedges help as well.  Also keep in mind, this company is half nat gas ( regardless of how ...more  
Comment by regardlesson Apr 27, 2020 2:14pm

RE:RE:Hedges are GOLD, at current prices....HUGE $$$$

Agreed cashtango 100% so now I want to know why is ovv not dropping g like a stone while oil Is down 25% and storage running out this stock and many many others should have retested the ...more  
Comment by cashtango00on Apr 27, 2020 1:51pm

RE:Hedges are GOLD, at current prices....HUGE $$$$

do you understand what a hedge is?  They aren't "making 1.6b".  its limiting their market loss.  they will show a massive gain from hedging ( minus whatever the cost of ...more  
Post by Hiddensecretson Apr 27, 2020 1:17pm

Hedges are GOLD, at current prices....HUGE $$$$

OVV will make $ 1.6 BILLION on hedges if price stays between $ 10 and $ 20 per barrel. Q2 should show RECORD PROFIT from hedging. Shut down the taps or, simply cut off a large chunk of oil and, make ...more  
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