Ovintiv Inc OVV

Alternate Symbol(s): T.OVV

Energy Oil & Gas E&P

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 Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of product to provide operational flexibility.

NYSE:OVV - Post by User

Ovintiv Inc > Another loss

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Comment by BayStreetWolfTOon Nov 03, 2021 9:24am

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Post# 34081362

RE:Another loss

OVV Set to tank....I told your pumper but he keeps pumping

BarbarousRelic wrote: Terrible earnings, this company can't make money even during a supply shortage. Hedging was a disaster as predicted. On the bright side, at least hedging losses were kept under 1/2 BILLION this quarter. Not even the biggest pumpers can keep it from sinking today.

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