DENVER, Nov. 20, 2023 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the “Company”) today announced the upsize and pricing of a previously announced underwritten public offering of its common stock (the “Offering”) by NMB Stock Trust, a Delaware statutory trust (the “Selling Stockholder”). The size of the Offering increased from the previously announced 8,400,000 shares to an aggregate of 9,400,000 shares of the Company’s common stock at a price to the public of US$44.35 per share, for gross proceeds of approximately US$416.9 million, before underwriting discount and estimated offering expenses. The Company will not sell any shares … Continue Reading

DENVER, Nov. 20, 2023 /CNW/ – Ovintiv Inc. (NYSE: OVV), (TSX: OVV) (the “Company” or “Ovintiv”) today announced that NMB Stock Trust, a Delaware statutory trust (the “Selling Stockholder”), intends to offer for sale 8,400,000 shares of the Company’s common stock, par value US$0.01 per share, pursuant to the Company’s shelf registration statement previously filed with the Securities and Exchange Commission (the “Offering”). Ovintiv issued the shares to the Selling Stockholder on June 12, 2023 as part of the consideration for the Company’s acquisition of certain upstream oil and gas assets located in the Permian Basin from portfolio companies … Continue Reading

Strong Well Results and Successful Acquisition Integration Drive Increased Full Year Production Guidance

Highlights:

DENVER, Oct. 10, 2023 Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its third quarter 2023 results conference call at 10:00 a.m. MT, on Wednesday November 8, 2023. The Company plans to release its financial and operating results after market close, Tuesday November 7, 2023. In addition to the release, supplemental slides and financial statements will be available on the Company’s website, located at www.ovintiv.com.

To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3nQ9Md7 to receive an instant automated call back.

You can … Continue Reading

Company Receives TSX Approval for Renewal of Normal Course Issuer Bid

DENVER, Sept. 26, 2023 /CNW/ – 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 allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders.

The Toronto Stock Exchange (“TSX”) has accepted Ovintiv’s notice of intention to renew its normal course issuer bid (“NCIB”) to purchase up to 26,734,819 common shares during the 12-month period commencing October 3, 2023, … Continue Reading

DENVER, Sept. 11, 2023 /CNW/ – Ovintiv Inc. (NYSE: OVV) ( TSX: OVV) (the “Company”) today announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock by NMB Stock Trust, a Delaware statutory trust (the “Selling Stockholder”), for gross proceeds of approximately US$684.8 million (the “Offering”). The Company will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares in the Offering. The Offering is expected to close on September 13, 2023, subject to customary closing conditions.

J.P. Morgan is … Continue Reading

DENVER, Sept. 11, 2023 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the “Company” or “Ovintiv”) today announced that NMB Stock Trust, a Delaware statutory trust (the “Selling Stockholder”), intends to offer for sale 15,000,000 shares of the Company’s common stock, par value $0.01 per share, pursuant to the Company’s shelf registration statement previously filed with the Securities and Exchange Commission (the “Offering”).

The Offering consists entirely of secondary shares to be sold by the Selling Stockholder. The Selling Stockholder will receive all of the net proceeds from the Offering. Ovintiv is not offering any shares of common stock … Continue Reading

Strong Results Across Portfolio Drive Higher Full Year Production Guidance and Reduced Capital and Per Unit Cost Guidance

Second Quarter 2023 Highlights:

DENVER, June 29, 2023 /CNW/ – 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. The Company plans to release its financial and operating results after market close, Thursday July 27, 2023. In addition to the release, supplemental slides and financial statements will be available on the Company’s website, located at www.ovintiv.com.

To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3pmXQ2L to receive an instant automated call back.… Continue Reading

Company Updates 2023 Guidance for Early Close

DENVER, June 12, 2023 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Company”) today closed the previously announced acquisition of core Midland Basin assets, adding approximately 1,050 net 10,000 foot well locations and approximately 65,000 net acres of largely undeveloped land adjacent to Ovintiv’s existing Permian operations. The Company has acquired substantially all the leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, which are portfolio companies of funds managed by EnCap Investments L.P. (“EnCap”), in a cash and stock transaction valued … Continue Reading

DENVER, May 16, 2023 /CNW/ – 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 2025 (the “2025 Notes”), $700,000,000 in aggregate principal amount of 5.650% senior notes due 2028 (the “2028 Notes”), $600,000,000 in aggregate principal amount of 6.250% senior notes due 2033 (the “2033 Notes”) and $400,000,000 in aggregate principal amount of 7.100% senior notes due 2053 (the “2053 Notes”, and together with the 2025 Notes, the 2028 Notes and the 2033 Notes, the “Notes”). The … Continue Reading

DENVER, May 11, 2023 /CNW/ – 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 reductions, social responsibility and corporate governance.

“Ovintiv continues to drive real and measurable environment, social and governance progress,” said Ovintiv President and CEO Brendan McCracken. “We strive to be a leader in disclosure, having published a sustainability report and key performance metrics data since 2005. Our results demonstrate our commitment to continuous improvement and the power of harnessing technology and our culture of innovation to drive strong … Continue Reading