Key Takeaways Ovintiv posted Q4 EPS of $1.39, beating estimates as output and gas prices rose.Revenues fell 1.9% Y/Y to $2.1B on lower oil volumes and weaker realized oil prices.OVV closed the NuVista buy, sold Anadarko assets and plans up to 75% FCF returns in 2026.Ovintiv Inc. (OVV) reported fourth-quarter 2025 adjusted earnings per share of $1.39, which beat the Zacks Consensus Estimate of 98 cents. The bottom line also increased from the year-ago level of $1.35. The outperformance was driven by higher p ...

Group 1 - The article discusses the analysis of oil and gas companies, specifically Ovintiv and Paramount Resources, focusing on their balance sheets, competitive positions, and development prospects [1] - The author emphasizes the cyclical nature of the oil and gas industry, highlighting the importance of patience and experience in navigating this sector [2] - The investing group, Oil & Gas Value Research, seeks undervalued oil companies and out-of-favor midstream companies, providing a platform for investors to share ideas and discuss recent information [2] Group 2 - The author has a beneficial long position in the shares of PRMRF CVE, indicating a personal investment interest in the companies discussed [3] - The article does not provide specific investment recommendations, urging investors to conduct their own research and review company filings [4] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not reflect the opinions of the platform as a whole [5]

Ovintiv (NYSE:OVV) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Company ParticipantsBrendan McCracken - President and CEOCorey Code - CFOGreg Givens - EVP and COOGreg Pardy - Managing Director and Head of Global Energy ResearchJason Verhaest - Director of Investor RelationsJosh Silverstein - Managing DirectorKevin MacCurdy - Managing DirectorLloyd Byrne - Managing Director, Equity ResearchNeil Mehta - Head of Americas Natural Resources Equity ResearchPhillip Jungwirth - Managing DirectorNone - Compan ...

Ovintiv (NYSE:OVV) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Company ParticipantsBrendan McCracken - President and CEOCorey Code - CFOGreg Givens - EVP and COOGreg Pardy - Managing Director and Head of Global Energy ResearchJason Verhaest - Director of Investor RelationsJosh Silverstein - Managing DirectorKevin MacCurdy - Managing DirectorLloyd Byrne - Managing Director, Equity ResearchNeil Mehta - Head of Americas Natural Resources Equity ResearchPhillip Jungwirth - Managing DirectorConference Ca ...

Ovintiv (NYSE:OVV) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Speaker14Good day, ladies and gentlemen, and thank you for standing by. Welcome to Ovintiv's 2025 fourth quarter and year-end results conference call. As a reminder, today's call is being recorded. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. Members of the investment community will have the opportunity to ask questions and can join the queue at any t ...

Disclaimers and Non-GAAP Definitions For convenience, references in this presentation to "Ovintiv", "OVV", the "Company", "we", "us" and "our" may, where applicable, refer only to or include any relevant direct and indirect subsidiary entities and partnerships ("Subsidiaries") of Ovintiv Inc., and the assets, activities and initiatives of such Subsidiaries. The terms "include", "includes", "including" and "included" are to be construed as if they were immediately followed by the words "without limitation", ...

Core Insights - Ovintiv reported revenue of $2.15 billion for the quarter ended December 2025, a decrease of 1.9% year-over-year, with an EPS of $1.39, up from $1.35 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of $1.95 billion by 10.21%, while the EPS surpassed the consensus estimate of $0.98 by 42.46% [1] Financial Performance - Ovintiv's shares have returned +23.3% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The company currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3] Production Volumes - Total production volumes of oil and plant condensate reached 208.7 million barrels, exceeding the six-analyst average estimate of 208.02 million barrels [4] - NGLs-Other production totaled 97.2 million barrels, surpassing the average estimate of 95.53 million barrels [4] - Total production volumes amounted to 623.4 million barrels of oil equivalent, slightly above the six-analyst average estimate of 619.89 million barrels of oil equivalent [4] - Natural gas production was reported at 1905 million cubic feet, closely matching the average estimate of 1905.97 million cubic feet [4] - Oil production totaled 140.9 million barrels, exceeding the three-analyst average estimate of 139.91 million barrels [4] - NGLs production reached 165 million barrels, above the average estimate of 163.81 million barrels [4] - Combined oil and NGLs production was 305.9 million barrels, compared to the three-analyst average estimate of 303.71 million barrels [4] - Canadian operations produced 304.6 million barrels of oil equivalent, slightly below the average estimate of 306.89 million barrels [4] - USA operations produced 318.8 million barrels of oil equivalent, exceeding the average estimate of 314.16 million barrels [4] Revenue Breakdown - Revenues from Canadian operations were $747 million, surpassing the average estimate of $706.65 million and reflecting a year-over-year increase of 17.3% [4] - Revenues from USA operations were $1.36 billion, significantly lower than the average estimate of $1.2 billion, representing a year-over-year decline of 51.7% [4] - Corporate and other revenues were reported at $36 million, compared to the average estimate of -$42.16 million, indicating a year-over-year change of -164.3% [4]

分组1 - Ovintiv reported quarterly earnings of $1.39 per share, exceeding the Zacks Consensus Estimate of $0.98 per share, and showing an earnings surprise of +42.46% [1] - The company posted revenues of $2.15 billion for the quarter, surpassing the Zacks Consensus Estimate by 10.21%, although this is a slight decrease from $2.19 billion year-over-year [2] - Ovintiv shares have increased by approximately 29.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.9% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.92 on revenues of $1.98 billion, and for the current fiscal year, it is $3.79 on revenues of $8.37 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - Canadian is currently in the bottom 6% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]

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, 2025 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) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Suit ...

Exhibit 99.2 Ovintiv Inc. Selected Financial Information (unaudited) For the year ended December 31, 2025 U.S. Dollar / U.S. Protocol Consolidated Statement of Earnings (unaudited) | For the years ended December 31 (US$ millions, except per share amounts) | | 2025 | | 2024 | | 2023 | | --- | --- | --- | --- | --- | --- | --- | | Revenues | | | | | | | | Product and service revenues | $ | 7,176 | $ | 7,358 | $ | 7,812 | | Sales of purchased product | | 1,487 | | 1,585 | | 2,849 | | Gains (losses) on risk man ...