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Stock impact report

Ovintiv Reports Fourth Quarter and Year-End 2024 Financial and Operating Results [Globe and Mail, The (Toronto, Canada)]

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
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 per day ("Mbbls/d") of oil and condensate, 91 Mbbls/d of other NGLs (C2 to C4) and 1,698 million cubic feet per day ("MMcf/d") of natural gas Returned more than $900 million to shareholders through the combination of base dividend payments and share buybacks Announced the acquisition of oil-rich Montney assets, expected to add approximately 70 MBOE/d of production, 900 net 10,000-foot equivalent well locations, and approximately 109,000 net acres of land for approximately $2.3 billion before closing adjustments. The acquisition closed on January 31, 2025 Announced the sale of its Uinta assets for approximately $2.0 billion before closing adjustments. The divestiture closed on Show less Read more
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