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DENVER , June 29, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2023 results conference call at 9:00 a.m. MT, on Friday July 28, 2023.
Despite a massive push toward renewables, the oil and gas industry remains the most vital component to the global energy mix. This puts Ovintiv Inc. ( OVV , Financial) in a good position.
Ovintiv (OVV) expects production in the range of 520,000-540,000 boe/day for the second quarter of 2023 and 521,000-546,000 boe/day for the full year.
Ovintiv (OVV) expects CapEx of $590-$630 million for Q2 and $2.6-$2.9 billion for 2023, with crude oil and condensate volumes of 170,000-174,000 bpd and natural gas production of 1,525-1,575 MMcf/d.
Ovintiv Inc. has had another strong quarter as they ride on the momentum of Q4 in 2022. Announcing the acquisition of new land where there is strong potential for a high-margin production creates a tailwind.
Ovintiv, Inc. (NYSE:OVV ) Q1 2023 Earnings Conference Call May 10, 2023 11:00 AM ET Company Participants Jason Verhaest - IR Brendan McCracken - President, CEO & Director Gregory Givens - EVP & COO Corey Code - EVP & CFO Conference Call Participants Doug Leggate - Bank of America Merrill Lynch Joshua Silverstein - UBS Neal Dingmann - Truist Securities Nicholas Pope - Seaport Research Partners Arun Jayaram - JPMorgan Chase & Co. Noel Parks - Tuohy Brothers Investment Research Gabriel Daoud - TD Cowen Operator Good morning, ladies and gentlemen. Thank you for standing by.
Ovintiv (OVV) came out with quarterly earnings of $1.82 per share, missing the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $2.17 per share a year ago.
DENVER , April 13, 2023 /PRNewswire/ - 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.
Investment firm Dodge & Cox disclosed earlier this week it upped its stake in Ovintiv Inc. ( OVV , Financial) by 25.34%.
Ovintiv is buying 3 Permian companies and selling one Bakken Company. OVV stock rose 11% on the day of the announcement of the deal.