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DENVER , April 8, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its first quarter 2024 results conference call at 9:00 a.m. MT, on Wednesday May 8, 2024.
Ovintiv (OVV) expects capital expenditures in the range of $2.2-$2.4 billion for full-year 2024 and in the band of $580-$620 million for the first quarter of the year.
The headline numbers for Ovintiv (OVV) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Ovintiv (OVV) came out with quarterly earnings of $2.35 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $0.91 per share a year ago.
Ovintiv (OVV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ovintiv (OVV) anticipates capital spending in the $660-$700 million range for the fourth quarter of 2023, and in the band of $2.75-$2.79 billion for the full year.
Ovintiv Inc. (NYSE:OVV ) Q3 2023 Results Conference Call November 8, 2023 12:00 PM ET Company Participants Jason Verhaest - IR Brendan McCracken - President and CEO Corey Code - EVP and CFO Greg Givens - EVP and COO Conference Call Participants Neal Dingmann - Truist Securities Gabe Daoud - TD Cowen Doug Leggate - Bank of America Scott Gruber - Citigroup Umang Choudhary - Goldman Sachs Greg Pardy - RBC Capital Markets Roger Read - Wells Fargo Operator Good day, ladies and gentlemen and thank you for standing by. Welcome to Ovintiv's 2023 Third Quarter Results Conference Call.
While the top- and bottom-line numbers for Ovintiv (OVV) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ovintiv (OVV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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