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Ovintiv(OVV) - 2021 Q4 - Annual Report
2022-02-24 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39191 Ovintiv Inc. (Exact name of registrant as specified in its charter) Delaware 84-4427672 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Iden ...
Ovintiv(OVV) - 2021 Q3 - Earnings Call Transcript
2021-11-03 20:27
Ovintiv Inc. (NYSE:OVV) Q3 2021 Earnings Conference Call November 3, 2021 11:00 AM ET Company Participants Jason Verhaest - Investor Relations Brendan McCracken - President Corey Code - Chief Financial Officer Greg Givens - Chief Operating Officer Conference Call Participants John Abbott - Bank of America Umang Choudhary - Goldman Sachs Neal Dingmann - Truist Securities Noel Parks - Tuohy Brothers Lloyd Byrne - UBS Arun Jayaram - JPMorgan Operator Good day, ladies and gentlemen, and thank you for standing b ...
Ovintiv(OVV) - 2021 Q3 - Earnings Call Presentation
2021-11-03 18:21
3Q21 Results Conference Call 1 ْ ⁄ ⁄ ⁄ ⁄ Ovintiv $480 MM $1,370 MM FCFŦ YTD21 2 3Q21 Execution Driving Value Creation 4Q Shareholder Returns $148 MM In action TODAY on shareholder returns $37 MM base dividend + $111 MM Additional Returns Strong FCFŦ Generation Continued Debt Reduction Disciplined Capital Spend $409 MM 3Q21 Net DebtŦ $4.8B ~$2.1B net debt reduction YTD21 $365 MM No erosion to capital efficiency from Inflation in 3Q21 FY21 Capex guidance remains $1.5B Ŧ Non-GAAP measures defined in advisories ...
Ovintiv(OVV) - 2021 Q3 - Quarterly Report
2021-11-03 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39191 Ovintiv Inc. (Exact name of registrant as specified in its charter) Delaware 84-4427672 (State or other jurisdiction of incorporation or organization) ( ...
Ovintiv(OVV) - 2021 Q2 - Earnings Call Transcript
2021-07-28 19:02
Ovintiv Inc. (NYSE:OVV) Q2 2021 Earnings Conference Call July 28, 2021 9:30 AM ET Company Participants Jason Verhaest - Investor Relations Doug Suttles - Chief Executive Officer Corey Code - Chief Financial Officer Greg Givens - Chief Operating Officer Brendan McCracken - President Conference Call Participants Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Securities LLC Josh Silverstein - Wolfe Research, LLC Brian Downey - Citigroup Jeoffrey Lambujon - Tudor, Pickering, Holt & Co. Greg Pardy - RBC Capi ...
Ovintiv(OVV) - 2021 Q2 - Quarterly Report
2021-07-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39191 Ovintiv Inc. (Exact name of registrant as specified in its charter) Delaware 84-4427672 (State or other jurisdiction of incorporation or organization) (I.R.S ...
Ovintiv(OVV) - 2021 Q2 - Earnings Call Presentation
2021-07-28 08:46
2Q21 Results Conference Call 1 ْ ⁄ ⁄ ⁄ ⁄ Ovintiv Ovintiv is Delivering Across the Board 2 Substantial Free Cash Flow Increasing Shareholder Returns Significant Debt Reduction Operational Excellence Leading Capital Efficiency Culture of Innovation Substantial Free Cash Flow Generation | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------- ...
Ovintiv(OVV) - 2021 Q1 - Earnings Call Presentation
2021-04-30 19:23
Financial Performance - Ovintiv reported net earnings of $309 million in 1Q21[2] - The company generated $540 million in free cash flow during 1Q21[4] - Ovintiv expects 2021 to be the fourth consecutive year of free cash flow generation[5] - The company achieved a $156 million cash tax recovery in 1Q21[5] Capital Expenditure and Debt Reduction - The company reiterated its FY21 capex guidance of $1.5 billion[5] - Ovintiv exceeded its divestiture target with over $1.1 billion in asset sales[7,8] - The company is accelerating debt reduction, targeting $4.5 billion in debt by 1H22[7,8] - YE21 debt is projected to drop to approximately $4.7 billion at $60/bbl WTI oil[8] Production and Efficiency - 1Q21 crude and condensate production averaged 198 Mbbls/d[5] - Natural gas production in 1Q21 was 1,576 MMcf/d[5] - NGLs (C2-C4) production in 1Q21 was 78 Mbbls/d[5] - The company is reaffirming its $1.5 billion FY21 capex guidance despite inflationary pressures, due to innovation and efficiencies[11] - The company is maintaining its crude and condensate production guidance at approximately 190 Mbbls/d post asset sales[7,66] - The company is targeting a 33% reduction in methane intensity by 2025[26,54] - Flared and vented gas was less than 0.40% of sales gas in 1Q21[7,55]
Ovintiv(OVV) - 2021 Q1 - Earnings Call Transcript
2021-04-29 21:19
Ovintiv, Inc. (NYSE:OVV) Q1 2021 Earnings Conference Call April 29, 2021 11:00 AM ET Company Participants Stephen Campbell - SVP, IR Douglas Suttles - CEO & Director Corey Code - EVP & CFO Gregory Givens - EVP & COO Brendan McCracken - President Conference Call Participants Neil Mehta - Goldman Sachs Group Brian Downey - Citigroup Jeanine Wai - Barclays Bank Neal Dingmann - Truist Securities Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to Ovintiv's 2021 First Quarter Resul ...
Ovintiv(OVV) - 2021 Q1 - Quarterly Report
2021-04-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39191 Ovintiv Inc. (Exact name of registrant as specified in its charter) Delaware 84-4427672 (State or other jurisdiction of incorporation or organization) (I.R. ...