---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-060392"
form_type: "8-K"
ticker: "OVV"
cik: "0001792580"
company_name: "Ovintiv Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:50:54.844324+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ovintiv Q3 net earnings $406M, raises FY2023 production guidance to 550-560 MBOE/d

## Summary
- Net earnings $406M ($1.47 diluted EPS); Non-GAAP Cash Flow $1,112M; Free Cash Flow $278M after $834M capex.
- Q3 production 572 MBOE/d (214 Mbbls/d oil & condensate) at/above high end of guidance on all products.
- FY2023 production guidance raised to 550-560 MBOE/d; capex narrowed to $2.745-2.785B.
- Q4 oil & condensate guidance 220-227 Mbbls/d; 2024 outlook ~200 Mbbls/d with capex $2.1-2.5B.
- Quarterly dividend of $0.30/share declared (payable Dec 29); Q3 returned $127M to shareholders.

## SEC filing metadata
- accession: 0000950170-23-060392
- form_type: 8-K
- ticker: OVV
- cik: 0001792580
- company_name: Ovintiv Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792580/000095017023060392/0000950170-23-060392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792580/000095017023060392/ovv-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-060392
- JSON: https://secwatch.observer/filing/0000950170-23-060392.json
- Plain text: https://secwatch.observer/filing/0000950170-23-060392.txt

## Key facts
- Earnings Releases
  Ovintiv Inc. reported third quarter ended September 30, 2023 results: net income $406 million, EPS $1.47 per diluted share. Guidance raised.
  - Period: third quarter ended September 30, 2023
  - Net income: $406 million
  - EPS: $1.47 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: On November 7, 2023, Ovintiv Inc. (the "Company") issued a news release announcing its financial and operating results for its third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792580/000095017023060392/0000950170-23-060392-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.