News

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that it has priced an offering (the "Notes Offering") of $600,000,000 in aggregate principal amount of 5.650% senior notes due...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today released its 2022 Sustainability Report, highlighting its progress and performance on several key sustainability initiatives related to emissions...

Operational Outperformance Underpins Strong Financial Results First Quarter 2023 Highlights: Generated net earnings of $487 million, cash from operating activities of $1,068 million, Non-GAAP Cash...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that the following matters, as further described in the Company's Proxy Statement filed on March 23, 2023 (the "Proxy...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its first quarter 2023 results conference call at 9:00 a.m. MT, on Wednesday May 10, 2023. The Company plans to release its...

Transaction Expands Permian Premium Inventory, Enhances Shareholder Returns Company to Exit Bakken Position with Announced Asset Sale Highlights: Acquiring approximately 65,000 net acres of...

Company Delivers Record Financial Results and Significant Inventory Additions Highlights: Full Year 2022 Generated net earnings of $3.6 billion, cash from operating activities of $3.9 billion,...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Tuesday February 28, 2023. The Company plans to...

2022 Total Production Guidance Increased; Strong Returns to Shareholders and Net Debt Reduction Continue Highlights: Generated third quarter net earnings of $1.19 billion, Non-GAAP Cash Flow of...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 third quarter results conference call at 8:00 a.m. MT, on Wednesday November 9, 2022. The Company plans to release its...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with the Company's capital...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) released materials associated with its Montney webcast and conference call, planned for today at 9:00 a.m. MT (11:00 a.m. ET). The materials can be found on the...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today provided participant details for its upcoming Montney webcast and conference call: Time/Date: 9:00 a.m. MT, Monday September 19, 2022 Webcast Details: To...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today announced that Ralph Izzo has been named as an independent member of its Board of Directors, effective September 6, 2022, and...

Shareholder Returns Doubled, Highest Quarterly Cash Flow in Over a Decade Highlights: Generated second quarter net earnings of $1.36 billion, Non-GAAP Cash Flow of $1.22 billion and Non-GAAP Free...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 second quarter results conference call at 8:00 a.m. MT, on Thursday August 4, 2022. The Company plans to release its...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds of...

Company Increases Quarterly Dividend by 25%; Announces Debt Redemption; Announces Plan to Double Shareholder Returns Resulting in 2022 Returns of ~$1 billion Highlights: Generated first quarter...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that the following matters, as further described in the Company's Proxy Statement filed on March 23, 2022 (the "Proxy...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 first quarter results conference call at 9:00 a.m. MT, on Tuesday May 10, 2022. The Company plans to release its...

Company Increases Quarterly Dividend by 43%; Underpinned by Leading 2022 Capital Efficiency Highlights: Generated full year net earnings of $1.4 billion, cash from operating activities of $3.1 billion

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2021 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Friday, February 25, 2022. The Company plans to...

Strong Third Quarter Free Cash Flow to Enhance Shareholder Returns Through Fourth Quarter Share Buyback Program Third Quarter Highlights: Generated third quarter cash from operating activities of...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its third quarter 2021 results conference call at 9:00 a.m. MT, on Wednesday November 3, 2021. The Company plans to release its...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced the achievement of several sustainability milestones related to emissions reductions, social responsibility and corporate governance. In...

Ovintiv (NYSE: OVV) (TSX: OVV) today announced it is progressing its commitment to increase shareholder returns with the receipt of regulatory approvals for a share buy-back program. This action...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced a new capital allocation framework, which supports the Company's goal of unlocking shareholder value by delivering on its strategic priorities...

Brendan McCracken, Ovintiv President & CEO, will be participating in a fireside chat at the Barclays CEO Energy-Power Conference on Friday, September 10th, starting at 10:20 a.m. ET. The...

Dividend Increased by ~50%, New Debt Target Established Second Quarter Highlights: Generated second quarter cash from operating activities of $750 million, non-GAAP cash flow of $733 million and...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that it has issued a notice to the trustee of its 3.90% notes due 2021 (the "2021 notes") to redeem the entire $517,823,000...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2021 results conference call at 7:30 a.m. MT, on Wednesday July 28, 2021. The Company plans to release its...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that George L. Pita has been named as an independent member of its board of directors, effective July1, 2021. Pita, 59, currently serves as the...

Ovintiv Inc's (NYSE: OVV) (TSX: OVV) CEO Doug Suttles announced today he will retire effective August 1, 2021. Ovintiv's Board of Directors has named Brendan McCracken as President & Chief...

Highlights: Closed previously announced Eagle Ford asset sale Issued notice to fully redeem outstanding 2022 notes in June of 2021 Announced intention to fully redeem outstanding 2021 notes at par...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that the following matters, as further described in the Company's Proxy Statement filed on March 12, 2021 (the "Proxy Statement"), were voted...

Strong start to 2021 accelerates debt paydown Highlights: First quarter 2021 net earnings of $309 million ($1.16 per share diluted), cash from operating activities of $827 million and non-GAAP...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its first quarter 2021 conference call at 9 a.m. MT, on April 29, 2021. The Company plans to release its financial and operating...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced the signing of an agreement to sell its Eagle Ford assets to Validus Energy for $880 million. With this sale, the Company has exceeded its...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Katherine L. Minyard has been appointed as an independent member of its board of directors, effective immediately. Minyard, 45, is an...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today, in conjunction with reporting its fourth quarter and full-year 2020 results, provided an update on enhanced corporate governance, compensation and...

Year-end 2020 debt reduced nearly $500 million from mid-year 2020 2021 debt reduction target increased 25% to $1.25 billion including second half 2020 Multi-year debt target issued: $4.5 billion...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2020 fourth quarter and year-end results conference call at 9 a.m. MT, on February 18, 2021. The Company plans to release its...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today issued the following statement: Ovintiv has received Kimmeridge's notice of its intent to nominate three director candidates to stand for election to our...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced preliminary financial results and select operating metrics for its fourth quarter and fiscal year ended December 31, 2020. Highlights: Reduced...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today disclosed a goal to reduce methane intensity 33% by 2025. The objective, approved this week by its board of directors, will be tied to Ovintiv's annual...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Meg A. Gentle has been named as an independent member of its board of directors, effective December 16, 2020. Gentle, 46, currently serves...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today named Brendan M. McCracken as president, effective December 1, 2020. "Today's appointment recognizes Brendan's significant impact on our success and...

Commits to emissions-related performance metrics for 2021; delivers sixth safest year DENVER, Nov. 5, 2020 /CNW/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today published its Sustainability Report,...

Results strengthen outlook for 2021 Scenario Consistent framework provided for future capital allocation and debt reduction Highlights: Posted $47 million of non-GAAP free cash flow and reduced...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2020 third quarter results conference call at 9 a.m. MT on Thursday, October 29, 2020. The Company plans to release its third...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced the start-up of the Pipestone Processing Facility (PPF), a natural gas processing and liquids stabilization plant supporting the Company's...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that its subsidiary, Ovintiv Canada ULC, has closed an agreement with PetroChina Canada Ltd. (PCC) to terminate the parties' joint venture and...

Strong capital efficiency drives lower planned 2020 capital spending, higher expected fourth quarter production Highlights: 2020 planned capital investments reduced to $1.8 billion, the low end of...

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2020 second quarter results conference call at 9 a.m. MT on Wednesday, July 29, 2020. The Company plans to release its second...

Ovintiv Inc. (NYSE, TSX: OVV) today announced that Peter A. Dea will succeed Clayton H. Woitas, 71, as its chairman of the board. Ovintiv President Michael McAllister also announced plans to...

Flexibility Enables Dynamic Response to Preserve Financial Strength Significant Cost Savings and Capital Efficiencies Enhance 2020 and 2021 Actions Taken in Response to Current Low Oil Price...

Ovintiv Inc. (NYSE, TSX: OVV) announced today that the following matters, as further described in the Company's Proxy Statement dated March 6, 2020 (the "Proxy Statement"), were voted upon at its...

Ovintiv Inc. (NYSE, TSX: OVV) today announced plans to hold its 2020 first quarter results conference call at 9 a.m. MT on Friday, May 8, 2020. The Company plans to release its first quarter...

Ovintiv Inc. (NYSE, TSX: OVV) restructured its crude oil derivatives positions to provide additional downside protection for the balance of 2020. In addition, the Company now plans to further...

Company dropping 10 operated rigs immediately and an additional six rigs in May DENVER, March 12, 2020 /CNW/ - Ovintiv Inc. (NYSE, TSX: OVV) today announced plans to immediately reduce second...

Ovintiv Inc. (NYSE, TSX: OVV) today provided additional information related to its strong capital structure and liquidity. In addition, the Company has great flexibility to quickly adapt...

2020 Outlook highlights: 2020 is expected to be third consecutive year of significant non-GAAP free cash flow. Plan expected to yield 4% year-over-year proforma growth in crude oil and...

Ovintiv Inc. (NYSE, TSX: OVV) today announced plans to hold its 2019 fourth quarter and year-end results conference call at 7 a.m. MT on Thursday, February 20, 2020. The Company plans to release...

Company boosts returns by reducing STACK drilling and completion costs to $6.0 million per well DENVER, CO, Jan. 29, 2020 /CNW/ - Ovintiv Inc. (NYSE, TSX: OVV) released materials associated with...

Encana Corporation (NYSE, TSX: ECA) announced today they have completed a previously announced series of reorganization transactions (collectively, the "Reorganization"), resulting in the company:...

Encana Corporation (NYSE, TSX: ECA) today announced that the Court of Queen's Bench of Alberta has granted a final order approving the previously announced plan of arrangement, which forms part of...

Encana Corporation (NYSE, TSX: ECA) today provided participant details for its upcoming Anadarko Basin conference call and webcast: TIME/DATE: 2:30 p.m. MT, Wednesday, January 29, 2020 DIAL IN...

Company receives securityholder approval to be rebranded as Ovintiv and become domiciled in the United States CALGARY, Jan. 14, 2020 /CNW/ - Encana Corporation (NYSE, TSX: ECA) today announced...

Encana Corporation (NYSE, TSX: ECA) today filed its definitive Proxy Statement/Prospectus with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities related to...

Company in strong disagreement with Letko's conclusions and reiterates its shareholder value rationale CALGARY, Nov. 19, 2019 /CNW/ - Encana Corporation (NYSE, TSX: ECA) today issued a statement...

Encana Corporation (NYSE, TSX: ECA) today announced its intention to establish corporate domicile in the United States. The move, which requires shareholder, stock exchange and court approval, is...

Company continues to generate significant free cash flow through capital discipline and strong operational performance Third quarter 2019 highlights: Financial performance driven by strong liquids...

(NYSE, TSX: ECA) – Encana Corporation plans to release its 2019 third quarter financial and operating results prior to market open on Thursday, October 31, 2019. In addition, accompanying slides...

Encana Corporation (NYSE, TSX: ECA) today announced changes to its Executive Leadership Team, including the promotion of Michael McAllister to president, Brendan McCracken to executive vice...

Encana Corporation (NYSE, TSX: ECA) today announced the final results of its substantial issuer bid (the "Offer") under which it has accepted to purchase for cancellation 47,333,333 of its common...

Encana Corporation (NYSE, TSX: ECA) today announced the preliminary results of its substantial issuer bid (the "Offer"), which expired at 5:00 p.m. (Eastern time) on August 28, 2019. Based on the...

Encana Corporation's (NYSE, TSX: ECA) wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., today closed on its previously announced sale of its natural gas assets in Oklahoma's Arkoma...

Encana Corporation (NYSE, TSX: ECA) announced today that it has amended its previously announced substantial issuer bid (the "Offer") to purchase for cancellation up to US$213 million of its...

Company generates free cash flow and growing margins through cost management and strong production Second quarter 2019 highlights: Financial performance driven by strong liquids production and...

Encana Corporation (NYSE, TSX: ECA) plans to release its 2019 second quarter financial and operating results prior to market open on Wednesday, July 31, 2019. In addition, accompanying slides and...

Encana Corporation (NYSE, TSX: ECA) today is commencing its previously announced substantial issuer bid ("the Offer") to purchase for cancellation up to US$213 million of its common shares...

Encana Corporation (NYSE, TSX: ECA) today announced that its wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., signed an agreement to sell its natural gas assets in Oklahoma's...

Encana repurchased 10% of its outstanding shares year-to-date; Plans to commence additional buyback in July 2019 Recent strong well performance in STACK strengthens the Company's second quarter...

Company increases targeted G&A synergies and achieves Anadarko well cost reductions identified in Newfield acquisition; Full year 2019 capital investment plan and production outlook reiterated...

CALGARY, Alberta, April 30, 2019 (GLOBE NEWSWIRE) -- (TSX, NYSE: ECA) The following matter was voted upon at the Annual Meeting of Shareholders of Encana Corporation (the “Corporation”) held...

CALGARY, Alberta, April 10, 2019 (GLOBE NEWSWIRE) -- Encana Corporation (NYSE, TSX: ECA) plans to release its 2019 first quarter financial and operating results prior to market open on Tuesday,...

Sherri A. Brillon announces retirement CALGARY, Alberta, March 21, 2019 (GLOBE NEWSWIRE) -- Encana Corporation (NYSE, TSX: ECA) today announced the appointment of Corey D. Code as Executive...

Sustainable model delivered free cash flow, strong growth in proved reserves and high-margin liquids Fourth quarter and full-year 2018 highlights: Fourth quarter total production of 403,400...

Plan to deliver unique combination of free cash flow, return of cash to shareholders and high-margin liquids growth 2019 full-year proforma capital investment plan set at $2.7 to $2.9 billion,...

CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Encana (NYSE, TSX: ECA) announced today receipt of regulatory approvals for its planned $1.25 billion share buyback. On February 27, 2019, the...

CALGARY, Alberta, Feb. 22, 2019 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana Corporation plans to release its 2018 fourth quarter and year-end results and 2019 full-year guidance prior to market open on

CALGARY, Alberta, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA) announced today that it has completed its acquisition of Newfield Exploration Company (Newfield)...

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) announced that the proposals necessary for...

CALGARY, Alberta, Jan. 07, 2019 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Doug Suttles, Encana President & CEO, will be participating in a panel discussion at the Goldman Sachs Energy Conference in...

CALGARY, Alberta, Dec. 27, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana Corporation (Encana) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the...

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into...

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana delivered strong financial performance in the third quarter driven by significant liquids growth, high realized pricing...

CALGARY, Alberta, Oct. 25, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana Corporation will release its 2018 third quarter results on Thursday, November 1, 2018. The news release detailing Encana's...

CALGARY, Alberta, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA), announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an...

CALGARY, Alberta, Aug. 31, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Doug Suttles, Encana President & CEO, will be presenting at the Barclays CEO Energy-Power Conference in New York City on...