The Daily Chase: Ovintiv strikes a deal in the Montney [BNN Bloomberg (Canada)]
Ovintiv Inc. (DE) (OVV)
Last ovintiv inc. (de) earnings: 2/19 08:54 pm
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Source: BNN Bloomberg
EnCana, has agreed to buy some assets in Alberta's Montney region from Paramount Resources for $3.3 billion. The assets are near the company's current operations and will add about 70,000 barrels of oil equivalent per day of production. Separately, Ovintiv said it has agreed to sell “substantially all” of its Uinta Basin assets in Utah to FourPoint Resources for US$2 billion in cash. Disney beats on profit and revenue despite some slowing: Walt Disney Co. posted fourth quarter earnings before the bell this morning, numbers that beat expectations on profit and revenue . Even better for the media company, they upgraded their forecast for earnings growth for the next three years. Earnings per share came in at US$1.14, ahead of the $1.10 forecast. Disney said it saw strength in its streaming business even though it forecasts a modest decline of subscribers next year, and the movie unit had strong results, notably from the latest Deadpool movie. The cruise business suffered from hurrican
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OVV
News
- Ovintiv's Q3 Earnings Beat Estimates, Revenues Down 12% Y/Y [Yahoo! Finance]Yahoo! Finance
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at UBS Group AG from $57.00 to $59.00. They now have a "buy" rating on the stock.MarketBeat
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at Scotiabank from $50.00 to $53.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Ovintiv's Twin Deals: What Are the Key Takeaways for Investors? [Yahoo! Finance]Yahoo! Finance
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at Truist Financial Co. from $57.00 to $59.00. They now have a "buy" rating on the stock.MarketBeat
OVV
Earnings
- 11/7/24 - Beat
OVV
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- OVV's page on the SEC website