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.

A honest questions: Where do you see Ovintiv in 3 months?

Layoffs...across the board...ELT have been laid off as well. Just announced. Starting tomorrow....stay safe my friends.

What's the update and what will happen next?

I invested in this company right at the Newfield acquisition, since then it’s quickly becoming a penny stock. Don’t see how this company is going to survive. Guessing a bunch of layoffs coming once the debt starts to get called.

I hear that an unknown buyer bought out the company and is going to let it slowly melt away?

Stock price imploding. Nervous, closed door meetings of the engineering managers. HR reps avoid eye contact in the halls. Folks I talk to in CGY tell me another 10-15% round is coming to pay for the share repurchase and dividend. Good luck to all!

Notice Received on: Feb 18, 2019 Company: Encana Service Company County: Montgomery WDA: Gulf Coast WDA Number of employees laid off: 274 Layoff date (start): May 31, 2019 Layoff date (end): Feb 22, 2019 City: The Woodlands

Soooo, after the layoffs ECA now has 2 land job postings on Indeed...

They had to layoff the giant head out front of the Bow.

The Land department let go of many talented employees. In fact all those let go were women. The layoffs were done sloppy and inefficiently. Those left behind won’t last long considering they will be worked to the bone and under appreciated. Newfield... — read more 

Lost many good people, lower middle and upper workers. Time to move to the USA.