Ovintiv

Ovintiv, Inc. engages in the production and development of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment’s activities are managed by the Midstream, Marketing & Fundamentals team, which is responsible for the sale of the company’s proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.

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Ovintiv (OVV) exceeds Q2 earnings expectations, emphasizes sustainable growth

Ovintiv's Q2 2024 earnings call showcased impressive financial performance, strategic focus on sustainable growth, and commitment to shareholder returns. While facing inquiries on operational aspects and financial strategies, the company remains poised to leverage opportunities for value creation and operational excellence.

Ovintiv reports robust Q3 earnings, eyes growth through efficiency

Ovintiv delivered a strong Q3 performance with robust financial results and operational excellence, positioning the company for sustainable growth and profitability.
While facing challenges in capital structure optimization and strategic decision-making, Ovintiv has opportunities to drive growth through operational efficiencies and strategic initiatives.
By maintaining production guidance, capital spending discipline, and a focus on asset performance, Ovintiv demonstrates resilience and a commitment to creating long-term value for shareholders.

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Ovintiv, Inc. engages in the production and development of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations, and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment’s activities are managed by the Midstream, Marketing & Fundamentals team, which is responsible for the sale of the company’s proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.

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Ovintiv (OVV) aims to achieve its debt-reduction target of $4.5 billion by the first part of 2022.

Ovintiv (OVV) to Sell Eagle Ford Asset to Validus Energy for $880M

DENVER, March 24, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced the signing of an agreement to sell its Eagle Ford assets to Validus Energy for $880 million. With this sale, the Company has exceeded its divesture target and, with other items, now anticipates year-end 2021 debt to be below $5 billion using its 2021 planning price deck of $50 WTI oil and $2.75 NYMEX gas.

Ovintiv Exceeds Divestiture Target, Announces Eagle Ford Sale and Updates Guidance

Is (OVV) Outperforming Other Oils-Energy Stocks This Year?

Is Ovintiv (OVV) Outperforming Other Oils-Energy Stocks This Year?

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Ovintiv (OVV) reported earnings 30 days ago. What's next for the stock?

Why Is Ovintiv (OVV) Up 15.9% Since Last Earnings Report?

Ovintiv (OVV) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Ovintiv (OVV): Strong Industry, Solid Earnings Estimate Revisions

Ovintiv's (OVV) buyout of Newfield Exploration hurts its shareholder confidence as the takeover proves to be dilutive, incurring $7-billion debt and a steep executive salary packet.

Ovintiv (OVV) Advances the Divestment of Eagle Ford Acreage

Ovintiv (OVV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Ovintiv (OVV): Time to Buy?

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Ovintiv's (OVV) independent board chair Peter Dea is delighted to welcome Katherine L. Minyard aboard and eagerly awaits reaping benefits from her expertise and broad vision.

Ovintiv (OVV) Names a New Member Among its Board of Directors

DENVER, March 4, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Katherine L. Minyard has been appointed as an independent member of its board of directors, effective immediately. Minyard, 45, is an Investment Principal and Partner at Cambiar Investors where...

Ovintiv Appoints Katherine L. Minyard to Board of Directors

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Ovintiv Inc. (OVV) CEO Doug Suttles on Q4 2020 Results - Earnings Call Transcript

Ovintiv's (OVV) total expenses rise to $2.1 billion in Q4 from the year-ago figure of $1.6 billion, mainly induced by a $717- million impairment charge.

Ovintiv (OVV) Q4 Earnings Beat Estimates, Sales Miss Mark

Ovintiv (OVV) delivered earnings and revenue surprises of 11.11% and -9.66%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Ovintiv (OVV) Beats Q4 Earnings Estimates

DENVER, Feb.17, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today, in conjunction with reporting its fourth quarter and full-year 2020 results, provided an update on enhanced corporate governance, compensation and environmental initiatives. Highlights: Executive Compensation:...

Ovintiv Announces Enhanced Compensation, Governance and Environmental Initiatives

Year-end 2020 debt reduced nearly $500 million from mid-year 2020 2021 debt reduction target increased 25% to $1.25 billion including second half 2020 Multi-year debt target issued: $4.5 billion of total debt by year-end 2022 Company signs agreement to sell its Duvernay asset for $263...

Ovintiv Reports Fourth Quarter and Full-Year 2020 Results, Announces Multi-Year Debt Reduction Target, Signs Agreement to Sell Duvernay and Provides Strong 2021 Outlook

Ovintiv (OVV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ovintiv (OVV) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

DENVER, Jan. 27, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2020 fourth quarter and year-end results conference call at 9 a.m. MT, on February 18, 2021. The Company plans to release its financial and operating results after market close,...

Ovintiv™ to Host its 2020 Fourth Quarter and Year-end Results Conference Call and Webcast on February 18, 2021

DENVER, Jan. 26, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today issued the following statement: Ovintiv has received Kimmeridge's notice of its intent to nominate three director candidates to stand for election to our Board of Directors. We welcome discussions with all...

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