Workflow
Ovintiv Reports Second Quarter 2024 Financial and Operating Results
OVVOvintiv(OVV) Prnewswire·2024-07-30 21:00

500 MMcf/d - (1.08)ImportantinformationNon−GAAPCashFlowisanon−GAAPmeasuredefinedascashfrom(usedin)operatingactivitiesexcludingnetchangeinotherassetsandliabilities,andnetchangeinnon−cashworkingcapital.Non−GAAPFreeCashFlowisanon−GAAPmeasuredefinedasNon−GAAPCashFlowinexcessofcapitalexpenditures,excludingnetacquisitionsanddivestitures.ForecastedNon−GAAPFreeCashFlowassumesforecastedNon−GAAPCashFlowbasedonpricesensitivityof1.08) 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 ...