Earnings summaries and quarterly performance for Ovintiv.
Executive leadership at Ovintiv.
Brendan McCracken
Detailed
Chief Executive Officer
CEO
CC
Corey Code
Detailed
Executive Vice-President & Chief Financial Officer
GG
Greg Givens
Detailed
Executive Vice-President & Chief Operating Officer
ME
Meghan Eilers
Detailed
Executive Vice-President, Midstream & Marketing and General Counsel
RM
Rachel Moore
Detailed
Executive Vice-President, Corporate Services
Board of directors at Ovintiv.
Research analysts who have asked questions during Ovintiv earnings calls.
AJ
Arun Jayaram
JPMorgan Chase & Co.
6 questions for OVV
Also covers: APA, AR, BKR +33 more
Neil Mehta
Goldman Sachs
6 questions for OVV
Also covers: AESI, APA, AR +36 more
DL
Doug Leggate
Wolfe Research
4 questions for OVV
Also covers: APA, AR, BP +23 more
Kevin MacCurdy
Pickering Energy Partners
4 questions for OVV
Also covers: AR, CHRD, CNX +15 more
ND
Neal Dingmann
Truist Securities
4 questions for OVV
Also covers: APA, CHRD, CIVI +36 more
GD
Gabriel Daoud
Cowen
3 questions for OVV
Also covers: CHPT, CIVI, CNX +6 more
GP
Greg Pardy
RBC Capital Markets
3 questions for OVV
Also covers: BTE, CNQ, CVE +4 more
JS
Josh Silverstein
UBS Group
3 questions for OVV
Also covers: APA, AR, CIVI +10 more
Kalei Akamine
Bank of America
3 questions for OVV
Also covers: CNX, COP, CRC +10 more
KA
Kaleinoheaokealaula Akamine
Bank of America
3 questions for OVV
Also covers: AR, COP, CRC +8 more
Phillip Jungwirth
BMO Capital Markets
3 questions for OVV
Also covers: AR, CIVI, COP +21 more
Betty Jiang
Barclays
2 questions for OVV
Also covers: APA, AR, BKV +17 more
Dennis Fong
CIBC World Markets
2 questions for OVV
Also covers: BTE, CNQ, CVE +2 more
DG
Douglas George Blyth Leggate
Wolfe Research
2 questions for OVV
Also covers: APA, BP, COP +18 more
Geoff Jay
Daniel Energy Partners
2 questions for OVV
Also covers: BKV, CHRD, CVX +4 more
Lloyd Byrne
Jefferies LLC
2 questions for OVV
Also covers: CIVI, COP, CRGY +4 more
PJ
Phillips Johnston
Capital One Securities, Inc.
2 questions for OVV
Also covers: CHRD, COP, CRC +8 more
DD
David Deckelbaum
TD Cowen
1 question for OVV
Also covers: ALB, ALTM, APA +17 more
JD
John Daniel
Daniel Energy Partners
1 question for OVV
Also covers: ACDC, AESI, CLB +20 more
JS
Joshua Silverstein
UBS Group AG
1 question for OVV
Also covers: AR, CHRD, COP +9 more
Recent press releases and 8-K filings for OVV.
Ovintiv Completes Strategic Transformation, Announces New Shareholder Return Framework and 2026 Guidance
OVV
Guidance Update
Share Buyback
M&A
- Ovintiv has completed its portfolio transformation with the NuVista acquisition and agreement to sell Anadarko assets, resulting in a focused portfolio in the Permian and Montney. This will lead to net debt of approximately $3.6 billion after the Anadarko sale, achieving its debt target and generating $65 million in annualized interest savings from the repayment of 2028 and 2026 notes.
- The company unveiled a new shareholder return framework, planning to return at least 75% of free cash flows to shareholders in 2026, with a long-term range of 50%-100%. The board authorized a $3 billion share buyback program.
- Ovintiv reported full-year 2025 free cash flow of over $1.6 billion and Q4 2025 free cash flow of $508 million. For 2026, the company expects total production volumes of 620,000-645,000 BOE per day with approximately $2.3 billion in capital investment, and anticipates margin improvement.
3 days ago
Ovintiv Reports Strong Q4 2025 Results, Completes Portfolio Transformation, and Announces Enhanced Shareholder Returns
OVV
Earnings
M&A
Share Buyback
- Ovintiv reported Q4 2025 free cash flow of $508 million and $3.81 cash flow per share, contributing to over $1.6 billion in free cash flow for the full year 2025.
- The company completed its portfolio transformation with the NuVista acquisition and an agreement to sell Anadarko assets, which is expected to reduce net debt to approximately $3.6 billion after closing in early Q2 2026. This is projected to generate $40 million of annualized interest savings from repaying 2028 notes, in addition to $25 million from 2026 notes.
- Ovintiv unveiled a new shareholder return framework, committing to return at least 75% of 2026 free cash flows to shareholders, with a long-term range of 50%-100%. The board authorized a $3 billion share buyback program, with buybacks commencing immediately.
- For 2026, the company forecasts total production volumes of 620,000-645,000 BOE per day and a capital investment of about $2.3 billion. Q1 2026 production is expected to be approximately 670,000 BOEs per day with capital spend around $625 million.
3 days ago
Ovintiv Completes Strategic Transformation, Announces New Shareholder Return Framework and 2026 Guidance
OVV
Earnings
Share Buyback
Guidance Update
- Ovintiv has completed its portfolio transformation with the NuVista acquisition and agreement to sell Anadarko assets, focusing its portfolio on the Permian and Montney basins. This transformation is expected to reduce net debt to approximately $3.6 billion after the Anadarko sale closes in early Q2 2026, leading to $65 million in total annualized interest savings (comprising $40 million from 2028 notes repayment and $25 million from 2026 notes repayment).
- The company unveiled a new shareholder return framework, committing to return at least 75% of free cash flows to shareholders in 2026, with a long-term range of 50%-100%. Ovintiv's board of directors has authorized a $3 billion share buyback program, which will commence immediately.
- For 2026, Ovintiv plans an oil-directed maintenance program, forecasting total production volumes of 620,000-645,000 BOE per day and a capital investment of approximately $2.3 billion. In Q1 2026, production is projected to average approximately 670,000 BOEs per day, including about 223,000 barrels per day of oil and condensate, with capital spend estimated at about $625 million.
3 days ago
Ovintiv Reports Q4 and Full Year 2025 Results, Announces 2026 Outlook and Shareholder Return Framework
OVV
Earnings
Guidance Update
M&A
- For the full year 2025, Ovintiv generated $3.8 billion in Non-GAAP Cash Flow and $1.6 billion in Non-GAAP Free Cash Flow, with net earnings of $1.2 billion, or $4.78 per share diluted.
- The company returned more than $600 million to shareholders in 2025 and announced a new framework for 2026 to return at least 75% of full year Non-GAAP Free Cash Flow to shareholders, supported by a $3.0 billion share buyback program.
- Ovintiv completed the acquisition of NuVista Energy Ltd. for approximately $2.7 billion on February 3, 2026, and reached an agreement in February 2026 to sell its Anadarko assets for $3.0 billion.
- The 2026 outlook includes a capital program of approximately $2.25 to $2.35 billion, expected to deliver total production volumes of 620 to 645 MBOE/d.
4 days ago
Ovintiv Reports Fourth Quarter and Year-End 2025 Financial and Operating Results
OVV
Earnings
Guidance Update
Share Buyback
- For full year 2025, Ovintiv reported net earnings of $1.2 billion ($4.78 per share diluted) and generated Non-GAAP Free Cash Flow of $1.6 billion.
- The company announced a new shareholder return framework for 2026, committing to return at least 75% of full year Non-GAAP Free Cash Flow to shareholders through dividends and share buybacks, and authorized a $3.0 billion share buyback program.
- Strategic actions included the acquisition of NuVista Energy Ltd. for approximately $2.7 billion (closed February 3, 2026) and the planned sale of its Anadarko assets for $3.0 billion.
- The 2026 outlook includes a capital program of $2.25 to $2.35 billion and projected total production volumes of 620 to 645 MBOE/d.
4 days ago
Ovintiv announces agreement to sell Anadarko assets
OVV
M&A
Guidance Update
- Ovintiv Inc. has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer for $3.0 billion in cash proceeds.
- The sale includes approximately 360 thousand net acres, representing substantially all of the company's acreage in the Anadarko play, with month-to-date February production of approximately 90 thousand barrels of oil equivalent per day.
- The transaction is expected to close early in the second quarter of 2026, with an effective date of January 1, 2026, and is intended to focus the portfolio, achieve debt targets, and increase shareholder returns.
Feb 17, 2026, 10:13 PM
Ovintiv Agrees to Sell Anadarko Assets
OVV
M&A
Guidance Update
- Ovintiv has agreed to sell its Anadarko basin assets for $3.0 billion in cash to an undisclosed buyer.
- The divested assets cover approximately 360,000 net acres and produce about 90,000 barrels of oil equivalent per day.
- The transaction has an effective date of January 1, 2026, and is expected to close early in the second quarter of 2026.
- This divestiture is part of Ovintiv's strategy to concentrate capital on higher-return positions in the Permian and Montney, meet its debt target, and unlock increased returns for shareholders.
- Ovintiv plans to issue full-year and first-quarter 2026 guidance and an updated shareholder return framework when it reports fourth-quarter and full-year 2025 results on February 23, 2026.
Feb 17, 2026, 10:10 PM
Ovintiv Announces Agreement to Sell Anadarko Assets
OVV
M&A
- Ovintiv Inc. has entered into a definitive agreement to sell its Anadarko assets in Oklahoma to an undisclosed buyer.
- The sale is for cash proceeds of $3.0 billion.
- The assets include approximately 360 thousand net acres and February month-to-date production of about 90 thousand barrels of oil equivalent per day.
- The transaction is expected to close early in the second quarter of 2026, with an effective date of January 1, 2026.
- The company stated this transaction will focus its portfolio, help achieve its debt target, and increase shareholder returns.
Feb 17, 2026, 10:05 PM
Ovintiv completes NuVista Energy acquisition
OVV
M&A
New Projects/Investments
- Ovintiv Inc. completed the acquisition of NuVista Energy Ltd. on February 3, 2026, in a $2.7 billion cash and stock transaction.
- The acquisition involved a payment of C$1.57 billion in cash and the issuance of 30,076,903 shares of Ovintiv Common Stock.
- The acquired assets are expected to add approximately 930 net well locations and 140,000 net acres in the Alberta Montney, with an anticipated average production of 100 MBOE/d in 2026.
- Ovintiv expects to generate annual cost synergies of approximately $100 million from the acquisition.
Feb 3, 2026, 1:38 PM
Ovintiv Completes NuVista Energy Acquisition
OVV
M&A
New Projects/Investments
Proxy Vote Outcomes
- Ovintiv Inc. has completed its acquisition of NuVista Energy Ltd. in a $2.7 billion cash and stock transaction.
- The acquisition is expected to add approximately 930 net 10,000-foot equivalent well locations and 140,000 net acres in the Alberta Montney, with full year 2026 production from the acquired assets projected to average 100 MBOE/d.
- Ovintiv anticipates generating approximately $100 million annually in cost synergies and expects the transaction, combined with planned Anadarko asset divestiture, to streamline its portfolio and help meet debt targets.
- NuVista shareholders received consideration in cash, stock, or a combination, with a maximum aggregate cash consideration of approximately $1.57 billion (CAD) and a maximum aggregate share consideration of approximately 30.1 million Ovintiv Shares.
Feb 3, 2026, 1:29 PM
Fintool News
In-depth analysis and coverage of Ovintiv.
Quarterly earnings call transcripts for Ovintiv.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more