---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-021349"
form_type: "8-K"
ticker: "OVV"
cik: "0001792580"
company_name: "Ovintiv Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:29:17.494705+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ovintiv Q4 net earnings $856M, FY free cash flow $1.155B; 2024 outlook higher oil with less capital

## Summary
- Full year 2023 net earnings $2.085B; cash from operations $4.167B; non-GAAP free cash flow $1.155B.
- Q4 production 605 MBOE/d, above high end of guidance; oil/condensate 240 Mbbls/d.
- 2024 capital program $2.2-$2.4B to deliver total production 545-575 MBOE/d, oil/condensate 202-208 Mbbls/d.
- Returned $733M to shareholders in 2023 via buybacks ($426M) and dividends; declared $0.30/sh Q dividend.
- Added ~1,650 net premium drilling locations since 2021, ~1,100 in Permian; inventory now >7 years.

## SEC filing metadata
- accession: 0000950170-24-021349
- form_type: 8-K
- ticker: OVV
- cik: 0001792580
- company_name: Ovintiv Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792580/000095017024021349/0000950170-24-021349-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792580/000095017024021349/ovv-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-021349
- JSON: https://secwatch.observer/filing/0000950170-24-021349.json
- Plain text: https://secwatch.observer/filing/0000950170-24-021349.txt

## Key facts
- Earnings Releases
  Ovintiv Inc. reported financial results for fourth quarter and full year ended December 31, 2023.
  - Period: fourth quarter and full year ended December 31, 2023
  - Result: reported results
  source text: On February 27, 2024 Ovintiv Inc. (the “Company”) issued a news release announcing its financial and operating results for its fourth quarter and full year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792580/000095017024021349/0000950170-24-021349-index.htm

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