News

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:...