Bullboard - Stock Discussion Forum 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... see more

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NYSE:OVV - Post Discussion

Ovintiv Inc > $821 million is a staggering number

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Post by Margin321 on Nov 08, 2022 7:04pm

$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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Comment by Margin321 on Nov 12, 2022 11:45am

Mr. Market apparently is okay with it. That hedging situation is well known and the positive comparisons as the hedges roll off seem to be the focus of attention.

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