Bullboard - Stock Discussion Forum 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... see more

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NYSE:OVV - Post Discussion

Ovintiv Inc > massive quarter...

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Post by Margin321 on May 09, 2022 8:50pm

massive quarter...

..but could have been EPIC. How can a company this size have 1.5 B in hedging losses in one quarter.. Will take a while t shake that off. Should be interesting cc in am.

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Comment by yrmac on May 09, 2022 10:17pm

ovv lost 4.88% after hour

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Comment by BarbarousRelic on May 10, 2022 7:46am

Not surprised at the loss, was there to see from a mile away

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Comment by Margin321 on May 10, 2022 12:03pm

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 ...more

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Ovintiv Inc