Ovintiv | Latest News & Updates - Feb 28, 2025 Release
On February 26, 2025, Ovintiv filed its audited annual financial statements and annual report on Form 10-K, along with certifications of annual filings by the CFO and CEO...
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Ovintiv
🌎 ovintiv.comOvintiv is a leading North American energy producer focused on developing its multi-basin portfolio of oil, natural gas liquids, and natural gas producing plays. The company, based in Denver, Colorado, was formed in 2020 through a restructuring of its predecessor, Encana. Ovintiv emphasizes innovation and sustainability in its operations, contributing to various sectors including healthcare and education.
Ovintiv - Latest News and Updates
- On February 26, 2025, Ovintiv filed its audited annual financial statements and annual report on Form 10-K, along with certifications of annual filings by the CFO and CEO.
- Ovintiv reported $1.1 billion in full-year net earnings for 2024 despite a fourth-quarter net loss and plans to bring nearly 35 new wells online in Oklahoma in 2025.
- Ovintiv announced a 2025 capital program of $2.15 to $2.25 billion, aiming for production volumes of 595 to 615 MBOE/d, and paused its share buyback program to fund the Montney acquisition.
- Ovintiv's 2024 non-GAAP free cash flow increased by approximately 50% year-over-year.
- Kim Williams, VP and GM of Canadian Operations at Ovintiv, appeared on the ExperienceYes podcast to discuss leadership strategies and team building after organizational changes.
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