RE:Debt situation As long as ovv has an ok credit rating they'll just issue new bonds and settle the ones that mature. That's not even the issue, if it was shares would be trading for $1. The issue is interest payments are coming out of potential profits. Also, longer term, oil is seen by enough people as a "sunset industry" that unless there is a path to paying off the debt ovv looks like a massive debt liability with depreciating assets to the average investor.