Ovintiv Stock News

Ovintiv Inc. (NYSE:OVV ) Q4 2024 Results Conference Call February 27, 2025 11:00 AM ET Company Participants Jason Verhaest - IR Brendan McCracken - President and CEO Corey Code - EVP and CFO Greg Givens - EVP and COO Conference Call Participants Gabe Daoud - TD Cowen Doug Leggate - Wolfe Research Arun Jayaram - JPMorgan Neal Dingmann - Truist Securities Kalei Akamine - Bank of America Greta Dre...

Ovintiv has a poor long-term track record. Guided 2025 production shows relatively no growth compared to the current fiscal year. Cenovus took time to organize, but now has a superior growth record compared to Ovintiv's business performance.

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 ("MBOE/d"), including 211 thousand barrels p...

DENVER , Jan. 31, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") 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 ("MBOE/d") of production, 900 net 10,000 foot equivalent well locations, and approximately 109,000 net acre...

DENVER , Jan. 27, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Terri G. King has been named as an independent member of its board of directors, effective January 31, 2025.

DENVER , Jan. 22, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE, TSX: OVV) ("Ovintiv" or the "Company") today closed the previously announced all cash sale of substantially all its Uinta assets, located in Utah, to FourPoint Resources, LLC, for approximately $2 billion. "The Uinta sale builds on our track record of unlocking significant value from our non-core assets while focusing our portfolio and e...

DENVER , Jan. 16, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2024 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Thursday February 27, 2025.

Since peaking at $10.02 in August 2022, natural gas has traded in a range that has bounced between $2.25 and $3.25 since February 2023.