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 billionProduced 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 gasReturned more than $900 million to shareholders through the combination of base dividend payments and share buybacksAnnounced the acquisition of oil-rich Montney a

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 acres of land, strategically located near the Company's current Montney operations with ample access to midstream infrastructure capacity. "We are set to rapidly integrate the new Montney asset into our portfolio," said Ovintiv President and CEO, Brendan McCracken. "We consider it to be one of the highest q

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. King, 63, retired from ConocoPhillips Company (ConocoPhillips) in 2023 as Chief Commercial Officer and Vice President. During her lengthy career with ConocoPhillips, she held various roles including President, Lower 48; President, Europe & North Africa; President, United Kingdom; and General Manager of Global Production. King received her Bachelor of Science degree in engineering science from Trinity University and a Master of Business Administration degree from the University of Houston. She

BofA Securities upgraded Ovintiv from Neutral to Buy and set a new price target of $54.00 from $55.00 previously

Wolfe Research resumed coverage of Ovintiv with a rating of Outperform and set a new price target of $65.00

Evercore ISI upgraded Ovintiv from In-line to Outperform and set a new price target of $60.00

4 - Ovintiv Inc. (0001792580) (Issuer)

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4 - Ovintiv Inc. (0001792580) (Issuer)

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8-K - Ovintiv Inc. (0001792580) (Filer)

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 she focuses on energy, metals and mining, industrials, basic materials and utility equities. Before joining Cambiar, she was an Executive Director on J.P. Morgan's Equity Research Team covering integrated oil, refining, Canadian oil and U.S. E&P companies. Minyard graduated from Texas A&M University, has an MBA from INSEAD in France, and holds the Chartered Financial Analyst designation. Ovintiv's independen

NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Kimmeridge Energy Management Company, LLC ("Kimmeridge"), a private investment firm focused on upstream energy, with an investment philosophy underpinned by fundamental research, today published an investor presentation titled, "Ovintiv: A Track Record of Value Destruction."  In its presentation, Kimmeridge, a top ten shareholder of Ovintiv Inc. ("Ovintiv" or the "Company") (NYSE: OVV), highlights the Company's failures of capital allocation, governance and environmental stewardship. Kimmeridge also provides a framework for restoring confidence in Ovintiv, applying the core principles previously outlined in its white papers. Kimmeridge has argued th

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 billionProduced 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 gasReturned more than $900 million to shareholders through the combination of base dividend payments and share buybacksAnnounced the acquisition of oil-rich Montney a

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. The Company plans to release its financial and operating results after market close, Wednesday February 26, 2025. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3W9vdna to receive an instant automated call back. You can also dial direct to be entered to the call b

A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Nov. 15, 2024 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that

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