RE:massive quarter...
Just listened to the cc. Ansd reviewed the materials. Realized hedging losses were about 50 million in Q1. The did capture about 80% of the commoidity price increases. The market may be more spooked by inflationary pressures. And a little by pressure on production due to higher royalties.
They will ocntinue to realize some relaized hedging losses in similar or high amopunts throughout this year - but if prices stay here they will have be producing lots of cash. I think OVV is a strong value proposition at $40. That is overdone.