Ovintiv Inc.

Ovintiv Inc. today provided participant details for its upcoming Montney webcast and conference call: Time/Date: 9:00 a.m. MT, Monday September 19, 2022 Webcast Details: To join the webcast, please click here. Analysts and investors may participate in the conference call by dialing 888-664-6383 or 416-764-8650 approximately 15 minutes prior to the call. Slides will be available at www.ovintiv.com under [...]

Ovintiv Inc. today announced that Ralph Izzo has been named as an independent member of its Board of Directors, effective September 6, 2022, and that Bruce Waterman will retire from the Board of Directors effective December 31, 2022. Mr. Izzo, 64, currently serves as the Executive Chair of Public Service Enterprise Group Incorporated , having recently retired as their Chair, President and CEO. PSEG is a publicly traded [...]

Shareholder Returns Doubled, Highest Quarterly Cash Flow in Over a Decade Highlights: Generated second quarter net earnings of $1.36 billion, Non-GAAP Cash Flow of $1.22 billion and Non-GAAP Free Cash Flow of $713 million Doubled shareholder returns from 25% to 50% of Non-GAAP Free Cash Flow after base dividends beginning in July 2022, one quarter sooner than previously planned Returned approximately $200 million to [...]

Ovintiv Inc. today announced plans to hold its 2022 second quarter results conference call at 8:00 a.m. MT, on Thursday August 4, 2022. The Company plans to release its financial and operating results after market close, Wednesday August 3, 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 conference [...]

Ovintiv Inc. today announced it has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds of approximately $250 million. As a result of these agreements and continued strong financial and operational results, Ovintiv has elected to accelerate the doubling of its cash returns to shareholders. Starting immediately for the third quarter, Ovintiv [...]

Company Increases Quarterly Dividend by 25%; Announces Debt Redemption; Announces Plan to Double Shareholder Returns Resulting in 2022 Returns of ~$1 billion Highlights: Generated first quarter cash from operating activities of $685 million, Non-GAAP Cash Flow of $1,043 million and Non-GAAP Free Cash Flow of $592 million Announced plan to double shareholder returns from 25% to 50% of Non-GAAP Free Cash Flow after base [...]

Ovintiv Inc. today announced that the following matters, as further described in the Company's Proxy Statement filed on March 23, 2022 , were voted upon at its 2022 Annual Meeting of Shareholders held on May 4, 2022. Election of Directors Each nominee listed in the Proxy Statement was elected as a director of the Company. The results of the vote by ballot were as follows: Name of Nominee Votes For Percent Votes Against [...]

Ovintiv Inc. today announced that the following matters, as further described in the Company's Proxy Statement filed on March 23, 2022 , were voted upon at its 2022 Annual Meeting of Shareholders held on May 4, 2022. Election of Directors Each nominee listed in the Proxy Statement was elected as a director of the Company. The results of the vote by ballot were as follows: Name of Nominee Votes For Percent Votes Against [...]

Ovintiv Inc. today announced plans to hold its 2022 first quarter results conference call at 9:00 a.m. MT, on Tuesday May 10, 2022. The Company plans to release its financial and operating results after market close, Monday May 9, 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 conference call [...]

Company Increases Quarterly Dividend by 43%; Underpinned by Leading 2022 Capital Efficiency Highlights: Generated full year net earnings of $1.4 billion, cash from operating activities of $3.1 billion, Non-GAAP Cash Flow of $3.2 billion and Non-GAAP Free Cash Flow of $1.7 billion Reduced Net Debt by approximately $2.3 billion; expect to reach $3 billion Net Debt target in the second half of 2022 assuming $85 per barrel [...]