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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 SurfForWealthon Aug 31, 2005 7:21am
524 Views
Post# 9486853

RE: NG@15, inventory deficit by winter

RE: NG@15, inventory deficit by winterTUI is a junior with 70% NG and unhedged. They are merging with trust TKE.UN which is 70% NG and partially hedged until Oct 31, 2005 but TUI production is 2.5 times as large as that of TKE.UN. TUI management will be mostly running the new ship and there is currently no hedging in place after Nov 1 which is around the time for the marriage to consumate. FWIW we have also held ECA for many years. It looks very good here except for it's hedging. Cheers!!!
Bullboard Posts