Full Year Production Guidance Increased, Capital Investment Unchanged Highlights: Generated cash from operating activities of $812 million, Non-GAAP Cash Flow of $895 million and Non-GAAP Free Cash Flow of $351 million after capital expenditures of $544 million Third quarter production was at or above the high end of the guidance range on every product with average total production volumes of 630 thousand barrels of oil [...]
Transaction Adds Scale and High-Quality Oil Inventory to Ovintiv's Premier Montney Position Highlights: Agreement reached to acquire NuVista Energy Ltd. at an average price of approximately C$17.80 per share, or total consideration of approximately $2.7 billion Acquisition is expected to add approximately 140,000 net acres and approximately 100 thousand barrels of oil equivalent per day in the core of the oil-rich Alberta [...]
Ovintiv Inc. today announced plans to hold its third quarter 2025 results conference call at 8:00 a.m. MT, on Wednesday November 5, 2025. The Company plans to release its financial and operating results after market close, Tuesday November 4, 2025. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To join the conference call [...]
Company Receives TSX Approval for Renewal of Normal Course Issuer Bid Ovintiv Inc. , today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with Ovintiv's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders. The Toronto Stock Exchange has accepted Ovintiv's notice of intention to [...]
Full Year Capital Guidance Lowered; Production Guidance Increased Highlights: Generated cash from operating activities of $1,013 million, Non-GAAP Cash Flow of $913 million and Non-GAAP Free Cash Flow of $392 million after capital expenditures of $521 million Second quarter production was above the guidance range on every product with average total production volumes of 615 thousand barrels of oil equivalent per day [...]
Ovintiv Inc. today announced plans to hold its second quarter 2025 results conference call at 8:00 a.m. MT, on Friday July 25, 2025. The Company plans to release its financial and operating results after market close, Thursday July 24, 2025. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To join the conference call without [...]
Continued Maintenance Investment to Drive Free Cash Flow; High-Graded Portfolio Bolsters Financial Resiliency Highlights: Generated cash from operating activities of $873 million, Non-GAAP Cash Flow of $1,004 million and Non-GAAP Free Cash Flow of $387 million after capital expenditures of $617 million First quarter oil and condensate production was above the guidance range at 206 thousand barrels per day Average total [...]
Ovintiv Inc. the "Company") today announced that the following matters, as further described in the Company's Proxy Statement filed on March 20, 2025 , were voted upon at its 2025 Annual Meeting of Shareholders held on May 1, 2025. Election of Directors Each director listed in the Proxy Statement was elected as a director of the Company. The results of the vote by ballot were as follows: Shares For Percent Shares Against [...]
Ovintiv Inc. today announced plans to hold its first quarter 2025 results conference call at 8:00 a.m. MT, on Wednesday May 7th, 2025. The Company plans to release its financial and operating results after market close, Tuesday May 6, 2025. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To join the conference call without [...]
2024 Non-GAAP Free Cash Flow Up Approximately 50% Year-Over-Year Highlights: Full Year 2024 Generated cash from operating activities of $3.7 billion, Non-GAAP Cash Flow of $4.0 billion and Non-GAAP Free Cash Flow of $1.7 billion after capital expenditures of $2.3 billion Produced average total volumes of 585 thousand barrels of oil equivalent per day , including 211 thousand barrels per day of oil and condensate, 91 [...]
Ovintiv Inc. today closed the previously announced acquisition of certain Montney assets from Paramount Resources Ltd. The acquisition adds approximately 70 thousand barrels of oil equivalent per day of production, 900 net 10,000 foot equivalent well locations, and approximately 109,000 net acres of land, strategically located near the Company's current Montney operations with ample access to midstream infrastructure [...]
Ovintiv Inc. today announced that Terri G. King has been named as an independent member of its board of directors, effective January 31, 2025. King, 63, retired from ConocoPhillips Company in 2023 as Chief Commercial Officer and Vice President. During her lengthy career with ConocoPhillips, she held various roles including President, Lower 48; President, Europe & North Africa; President, United Kingdom; and General [...]
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