Ovintiv Inc.

Ovintiv Inc. today announced that it has priced an offering of $600,000,000 in aggregate principal amount of 5.650% senior notes due 2025 , $700,000,000 in aggregate principal amount of 5.650% senior notes due 2028 , $600,000,000 in aggregate principal amount of 6.250% senior notes due 2033 and $400,000,000 in aggregate principal amount of 7.100% senior notes due 2053 . The price to the public for the Notes is 99.994% of [...]

Ovintiv Inc. today released its 2022 Sustainability Report, highlighting its progress and performance on several key sustainability initiatives related to emissions reductions, social responsibility and corporate governance. "Ovintiv continues to drive real and measurable environment, social and governance progress," said Ovintiv President and CEO Brendan McCracken. "We strive to be a leader in disclosure, having [...]

Operational Outperformance Underpins Strong Financial Results First Quarter 2023 Highlights: Generated net earnings of $487 million, cash from operating activities of $1,068 million, Non-GAAP Cash Flow of $851 million and Non-GAAP Free Cash Flow of $241 million after capital expenditures of $610 million Returned $300 million to shareholders through the combination of base dividend payments and share buybacks Commodity [...]

Ovintiv Inc. today announced that the following matters, as further described in the Company's Proxy Statement filed on March 23, 2023 , were voted upon at its 2023 Annual Meeting of Shareholders held on May 3, 2023. Election of Director Nominees Listed in the Proxy Statement Each director nominee listed in the Proxy Statement was elected as a director of the Company. The results of the vote by ballot were as follows [...]

Ovintiv Inc. today announced plans to hold its first quarter 2023 results conference call at 9:00 a.m. MT, on Wednesday May 10, 2023. The Company plans to release its financial and operating results after market close, Tuesday May 9, 2023. 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 [...]

Transaction Expands Permian Premium Inventory, Enhances Shareholder Returns Company to Exit Bakken Position with Announced Asset Sale Highlights: Acquiring approximately 65,000 net acres of largely undeveloped resource in Martin and Andrews Counties, highly complementary with Ovintiv's existing Permian Basin position Valued at approximately 2.8 times next twelve months Adjusted EBITDA with a 19% NTM Non-GAAP Free Cash [...]

Company Delivers Record Financial Results and Significant Inventory Additions Highlights: Full Year 2022 Generated net earnings of $3.6 billion, cash from operating activities of $3.9 billion, Non-GAAP Cash Flow of $4.1 billion and Non-GAAP Free Cash Flow of $2.3 billion after capital expenditures of $1.8 billion Reduced total long-term debt by approximately $1.2 billion; Non-GAAP Debt to Adjusted EBITDA ratio of 0.8 [...]

Ovintiv Inc. today announced plans to hold its 2022 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Tuesday February 28, 2023. The Company plans to release its financial and operating results after market close, Monday February 27, 2023. 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 [...]

2022 Total Production Guidance Increased; Strong Returns to Shareholders and Net Debt Reduction Continue Highlights: Generated third quarter net earnings of $1.19 billion, Non-GAAP Cash Flow of $948 million and Non-GAAP Free Cash Flow of $437 million Returned $387 million to shareholders in the third quarter via share buybacks and base dividends Reduced Net Debt by $294 million during the third quarter; $991 million of [...]

Ovintiv Inc. today announced plans to hold its 2022 third quarter results conference call at 8:00 a.m. MT, on Wednesday November 9, 2022. The Company plans to release its financial and operating results after market close, Tuesday November 8, 2022. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To participate in the [...]