Ovintiv 2Q FY26 net earnings rise to $456 million; Non-GAAP free cash flow climbs to $682 million

Reuters2026/07/23 21:02

By:Reuters

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Ovintiv posted 2Q 2026 net earnings of USD 456 million, or USD 1.62 per diluted share, including a USD 337 million pre-tax divestiture loss.
Non-GAAP free cash flow more than doubled to USD 682 million, while Non-GAAP cash flow rose to about USD 1.26 billion.
Production averaged 615 MBOE/d, including 206 Mbbls/d oil and condensate; it closed the Anadarko asset sale for about USD 2.82 billion.
Returned about 63% of Non-GAAP free cash flow via USD 345 million of buybacks and USD 84 million of dividends; quarterly dividend set at USD 0.30.
Raised full-year production guidance to 630-645 MBOE/d, keeping capital spending outlook unchanged at USD 2.25-2.35 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ovintiv Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607231701PR_NEWS_USPR_____CA11167) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ovintiv 2Q FY26 net earnings rise to $456 million; Non-GAAP free cash flow climbs to $682 million

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