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Stock impact report

Ovintiv Inc (OVV) Posts Strong Year-End Earnings, Exceeds Production Targets [Yahoo! Finance]

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Production Volumes : The company exceeded its full year production guidance, averaging 566 MBOE/d. Shareholder Returns : Returned $733 million to shareholders through dividends and share buybacks in 2023. Capital Expenditures : Capital investments totaled $2.7 billion, slightly below the full year guidance range. Debt Reduction : Reduced total debt by $426 million in the fourth quarter of 2023. 2024 Outlook : Announced a 2024 capital program of $2.2 to $2.4 billion, aiming for production volumes of 545 to 575 MBOE/d. Warning! GuruFocus has detected 10 Warning Signs with OVV. On February 27, 2024, Ovintiv Inc ( NYSE:OVV ) released its 8-K filing , detailing the financial and operating results for the fourth quarter and full year of 2023. The independent oil and gas producer, with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas, has reported a year marked by strong operational execution and enhanced capital efficiency. As of the end of 2019, Ovintiv repor Show less Read more
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