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Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

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

Bullboard Posts
Comment by musingon May 02, 2005 4:02pm
334 Views
Post# 8985579

RE: Hedging and Losses

RE: Hedging and LossesThanks for that Thunder. I do think that the rules surrounding financials should require the flagging and quantification of opportunity costs but when it comes to reporting the bottom line, as in the so-called $45 M loss encurred by Encana in its last quarter, it is entirely misleading that opportunity costs should be part of the calculation. What is important in terms of the bottom line is revenue, less costs. Opportunity costs, whatever one's view is of Encana's hedging program, go to quality of management, not the actual bottom line for a financial period.
Bullboard Posts