Ovintiv Inc T.OVV

Primary Symbol: 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.

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Ovintiv Inc > $821 million is a staggering number

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Post by Margin321on Nov 08, 2022 7:04pm

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Post# 35083828

$821 million is a staggering number

$821 million is a staggering number. That is the amount of free cost flow lost to hedges just THIS QUARTER. Only good thing is that will shift after this year. They are doing fine but they could be doing a whole lot finer

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