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0 0 0 0 -0.0094043887147336 0.00250783699059556 0.00752351097178682 0.0068965517241379
Stock impact report

Ovintiv (OVV) Q4 Earnings Beat Estimates on Lower Costs [Yahoo! Finance]

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The bottom line also improved from the year-ago level of 91 cents. The upside can be attributed to lower expenses year over year. Total revenues of $3.2 billion decreased 1.4% from the year-ago quarter's figure. This was due to a year-over-year decline in revenues from products and services. The top line, however, beat the Zacks Consensus Estimate by 14.3%. This was due to higher-than-expected production. Total oil production came in at 194,100 barrels of oil equivalent per day (BOE/d), which outpaced the Zacks Consensus Estimate of 174,000 BOE/d. OVV's board of directors declared a quarterly dividend of 30 cents per share for its common shareholders of record as of Mar 15, 2024. The dividend will be paid out on Mar 28. During this quarter, the company returned approximately $135 million to shareholders through share buybacks of $53 million and a base dividend of $82 million. Ovintiv Inc. Price, Consensus and EPS Surprise Ovintiv Inc. price-consensus-eps-surprise-chart | Ovi Show less Read more
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