Additional information on the Company's long-term incentive costs can be found in Note 17 to the Consolidated Financial Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q. Interest • Interest expense related to the senior unsecured notes issued in May 2023 ($21 million). partially offset by: Three months ended June 30, 2024 versus June 30, 2023 Six months ended June 30, 2024 versus June 30, 2023 Other (gains) losses, net, primarily includes other non-recurring revenues or expenses a ...

(1) Other Operations includes production volumes from plays that are not part of the Company's current focus. Production volumes associated with Bakken were included in USA Other Operations until the asset was divested on June 12, 2023. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------|---------------------------|-------------|-------|-------|-------|-------|-----------|--------------------|-------|-------| | Results by Play (continued) \n(averag ...

500 MMcf/d - ($1.08) Important information Non-GAAP Cash Flow is a non-GAAP measure defined as cash from (used in) operating activities excluding net change in other assets and liabilities, and net change in non-cash working capital. Non-GAAP Free Cash Flow is a non-GAAP measure defined as Non-GAAP Cash Flow in excess of capital expenditures, excluding net acquisitions and divestitures. Forecasted Non-GAAP Free Cash Flow assumes forecasted Non-GAAP Cash Flow based on price sensitivity of $80 WTI and $2.25 N ...

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $2.53 billion, up 0.5% from the year-ago quarter. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. The Zacks Earnings ESP c ...

To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3tYoHEZ to receive an instant automated call back. The live audio webcast of the event, including slides, also will be available on Ovintiv's website, under Investors/Presentations and Events, and will be archived for approximately 90 days. Media contact: (403) 645-2252 You can also dial direct to be entered to the call by an Operator. Please dial 888-664-6383 (toll-free in North Ame ...

A month has gone by since the last earnings report for Ovintiv (OVV) . Shares have lost about 6.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Ovintiv due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Ovintiv Q1 Earnings Beat Estimates, Revenues Miss Ovintiv ...

Ovintiv Inc. (OVV) reported first-quarter 2024 adjusted earnings per share (EPS) of $1.44, which beat the Zacks Consensus Estimate of $1.32. The beat can be attributed to lower expenses year over year. However, the bottom line declined from the year-ago level of $1.82 per share. Total revenues of $2.4 billion decreased 7.8% from the year-ago quarter's figure and missed the Zacks Consensus Estimate by 9.9%. This was due to a year-over-year decline in revenues from products and services. OVV's board of direct ...

Ŧ Non-GAAP measures defined in advisories. For additional information regarding non-GAAP measures see the Company's website. 19 Ŧ Flow Buybacks A&D Canadian Tax Payment Capital & Other 1Q24 Debt Bridge | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------|----------|---------|----------|-------------------------------|-----------------------------------------------------|-------|---------|-------------| | $5,737 | | | | +$248 | +$188 | +$236 | +$153 | $6,198 | | | | +$591 | +$80 | | Acquire ...

Ovintiv, Inc. (NYSE:OVV) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Jason Verhaest - Investor Relations Brendan McCracken - President & Chief Executive Officer Corey Code - Executive Vice President & Chief Financial Officer Greg Givens - Executive Vice President & Chief Operating Officer Conference Call Participants Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Neal Dingmann - Truist Securities Gabriel Daoud - TD Cowen Scott Gruber - Citigroup Greg Pardy - RBC Capital ...

Ovintiv (OVV) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this energy company would post earnings of $1.94 per share when it actually produced earnings of $2.35, delivering a surprise of 21.13%.Over the last four quarters, the company has ...