earnings
confidence high
sentiment positive
materiality 0.85
Ovintiv Q3 prod 630 MBOE/d, raises FY guidance to 610-620 MBOE/d, capex unchanged
Ovintiv Inc.
2025-Q3 EPS
reported $1.13
vs consensus $0.93
▲ beat
(+21.4%)
- Net earnings $148M ($0.57 diluted EPS) incl $108M after-tax impairment; Non-GAAP CF $895M.
- Reduced net debt $126M to ~$5.187B; returned $235M via $158M buybacks (3.7M shares) and $77M dividends.
- Raised FY production guidance to 610-620 MBOE/d (oil/cond 208-210 Mbbls/d, gas 1,850-1,870 MMcf/d); capex unchanged $2.125-2.175B.
- Q3 production 630 MBOE/d (212 Mbbls/d oil+cond, 98 Mbbls/d NGLs, 1,925 MMcf/d gas) at or above guidance high end.
- Quarterly dividend $0.30/share declared, payable Dec 31 to holders of record Dec 15; NCIB renewed for up to ~22.3M shares.