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Ovintiv Inc   (OVV)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $50.4600 $-0.41 -0.806%
Day's High: $51.13 Week Perf: -0.32 %
Day's Low: $ 50.17 30 Day Perf: 19.01 %
Volume (M): 14,057 52 Wk High: $ 51.91
Volume (M$): $ 709,296 52 Wk Avg: $42.54
Open: $50.62 52 Wk Low: $32.07



 Market Capitalization (Millions $) 13,942
 Shares Outstanding (Millions) 276
 Employees -
 Revenues (TTM) (Millions $) 10,929
 Net Income (TTM) (Millions $) 2,564
 Cash Flow (TTM) (Millions $) -202
 Capital Exp. (TTM) (Millions $) 3,404

Ovintiv Inc
Ovintiv Inc is an energy company engaged in the exploration, development, and production of oil and natural gas. Based in North America, the company operates in several key regions including the United States and Canada. With a focus on innovative technologies and responsible practices, Ovintiv aims to deliver sustainable energy solutions to meet the growing global demand. The company also actively invests in renewable energy initiatives to diversify its portfolio and reduce its environmental impact.


   Company Address: Suite 1700 Denver 80202 CO
   Company Phone Number: 623-2300   Stock Exchange / Ticker: NYSE OVV
   


   

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Personnel Announcements

Fueling Success: Ovintiv's Appointment of Sippy Chhina Strengthens Leadership and Embraces Energy Transformation

Published Thu, Jan 11 2024 10:05 PM UTC



Ovintiv Inc., a prominent energy producer, recently made an important addition to its board of directors, appointing Sippy Chhina as an independent member. Chhina brings a wealth of experience to the table, having recently retired as a Partner at Deloitte Canada LLP. This strategic move by Ovintiv reflects their commitment to enhancing corporate governance, embraci...

Ovintiv Inc

Ovintiv Inc Reports Significant Declines in Q2 2023 Earnings Amid Strong Industry Headwinds



Stock markets are often subject to fluctuations, with companies facing both successes and setbacks. Ovintiv Inc, a prominent player in the Oil and Gas Production industry, recently reported financial results for the second quarter of 2023 that revealed a decline in earnings, income, and revenue. Despite these challenges, the industry as a whole experienced positive growth, offering potential opportunities for stock market investors.
Earnings and Revenue Decreases:
During the financial second quarter of 2023, Ovintiv Inc witnessed a significant decline in earnings per share, seeing a -74.28% drop compared to the previous year. Earnings per share amounted to $1.34, a stark contrast to the $5.21 reported in the corresponding period a year prior. Similarly, income faded by -31.98% from $1.97 per share in the previous reporting period. The company's revenue also decreased, plunging by -32.628% to $2.52 billion from $3.74 billion in the corresponding quarter of the previous year.






 

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