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

Bullboard Posts

Comment by shambanoon Dec 09, 2005 2:37pm

208 Views

Post# 9994127

RE: Playing with Fire

Reply thanks to the buyers at 57.96. Now don't forget as NG prices get higher and higher many hedged NG producers are going to be taking more hits in Q4. I don't have detailed knowledge about ECA hedges but I'm sure they are at much lower prices than 15 US Mcf. So mark-to-market if they continue to climb will ECA need more hedges losses to cover hedges in place at 31-dec-2005 or are they good to go with the billion that they wrote off already? I'm not trying to be negative now that I sold 1000 at 57.96, I'm trying to understand how much more cover does ECA and many others need? Good luck all

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario