When do you guys think we will know lay-off numbers and timing? I am hearing >200 with over 80% of what’s left of The Woodlands office. Anyone else hearing differently?

Are we really going to keep the woodlands office after divesting the anadarko?

Are we going to make it to the end of the year without a RIF? What's the rumor mill?

10 days until earnings report. What’s the consensus on results and how can they be improved?

What larger OG company or investment firm will be making OVV part of their operation? Seems reasonable at this point to assume it’s coming, hopefully with a pop to 50 on price.

If a RIF or REORG is in our near future who is the most over staffed group within the company? Who has the most fat that needs to be trimmed for us to survive? A. Digital B. SMS Exploration Chiefs E. Calgary

Rumor has it a reorg of US operations will start this week. Anyone else heard that?

What do all my fellow OVVers think is next for us? We continue at our current pace until we run out of inventory? Sell OK, close the woodlands office and focus on Permian and Montney? Sell all US assets and become a Montney powerhouse? ... — read more 

Good job BM and the rest of the apple dumpling gang on a horrible Q1 and an absolutely embarrassing call. Why are we resuming our share buyback program?? BM is getting hammered by analysts for his grossly inflated salary…meanwhile our share price... — read more 

What’s happened to our beloved Encana? How much longer can this go on? All the indicators point to a struggle to survive via layoffs and reorganization. 15+ years with Encana and I’m just not hopeful for the future. Rant over……

Here’s the opportunity to reboot OVV and make it the high performing OG leader it can be….anyone feel words to that effect coming soon from the top floor? Never pass on an opportunity to levarage the current drama. Good luck to everyone affected in... — read more 

April is coming. What are opinions on OVV becoming more efficient going into the new fiscal year? Can we expect more optimization particularly in US operations, where it is badly needed. M and A activity incoming?

It seems the T³ will come into effect March 4, 2025. We don't expect that the tariffs on Canada's most important export Oil and Gas will last for long. The tariffs on the other sectors in Canada WILL remain. We have a strong Premier here in... — read more 

Any word about how we will be affected with cuts here in Alberta? I’ve heard ramblings that office jobs are all moving stateside in order to appease Trump. Has anyone heard of this? Friends at other oil and gas companies here in Alberta are bracing... — read more 

Layoffs coming due to Utah sale. Expected but what’s next?

Ageism is Real at Ovintiv and in Corporate America. They recently hired two dozen new engineers, and they proudly post on their internal website. It's the the perfect DEI photo. Not skills, but skin color first. Next, they lay off 25% of the... — read more 

What’s OVV next move? Why no real movement on price with Uinta sale and Canada buy?

I really need a breather. At least for a couple of months. It’s unlikely that there will be no cuts in coming months, but still one can hope.

Sad but true - we are massively over-staffed as compared to peers. I didn't like seeing friends leave yesterday either, and one day it will be me, but oil is $70-$80/bbl and our net debt has stayed almost flat. That's ridiculous. We have 5X the Ops... — read more 

Interesting that they are attempting to offload a few producing wells and facilities. Bigger change incoming, at least it feels that way to anyone who’s been in Oand G for more than a couple of decades.

Severance offer for those ready to leave? Retirement package? Involuntary at field level? Anyone actually think this is over? Don’t fool yourself into believing it is.

My floor lost a lot of valuable colleagues. A lot of people who had been the backbone in terms of experience and technical knowledge were let go. I’m hearing and reading that in some cases ageism reigned supreme, while in others layoffs were all over... — read more 

Good luck tomorrow everyone.

Think Corterra will keep the Denver office open? Not likely.... Hopefully a takeover will finally eliminate the neoptism that's plagued the company for years. Fun times ahead.

I'd be happy to leave Ovintiv and never look back.

2 years is up folks.

Facilities people are interviewing. They are the first to know. More layoffs happening

Which id–t will buy us?

Some more Denver staff impacted after the June big one. Others cities? Any more?

Everyone at CVE complaining they will have to go back to the office soon. Perhaps they will be doing a big layoff too & the whiners that want to stay home can - permanently. Then maybe there will some openings over there.

Can anyone post any info on severance. Interested in knowing what 15-20 year staff got in months. I made it through this round but wont survive the 2021 layoffs so need to plan ahead. Thank.

https://www.cnn.com/2020/06/18/investing/oil-price-spike-jpmorgan/index.html

Large cuts in the Denver and Calgary office. Significant amount of managers, directors, employees that have been with the company for 10+ years. Still waiting on the total % cut across the board. Very sad day for everyone within the company!

Anyone know what the typical Encana/Ovintiv severance package includes?

Grande Prairie going to be especially hard hit. Thoughts are with everyone.

Cuts are broad and deep - Ops, Maintenance and Engineering all impacted in the field.