News

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...