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 > Hedging

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Comment by Margin321on Jun 27, 2021 12:14pm

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Post# 33457543

RE:Hedging

They have bungled their hedges and will have big non-cash losses. But they still should have plenty impressive free cash flow, with a number of good places to put it to use. Paying down debt never bad. Buying in shares never bad (unless they just go to management via option grants). But at some point a meaningful dividend hike should be part of the equation.

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